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Big Ideas in Macroeconomics
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Big Ideas in Macroeconomics: A Nontechnical View

Kartik B. Athreya

Abstract

In the wake of recent events, macroeconomics has come under intense scrutiny, often from non-economists. Yet because macroeconomics is now a highly technical undertaking, it will be very hard for non-specialists on their own to sift through the body of knowledge we have accumulated, or to assess the manner in which we structure inquiries. Unless one finds this satisfactory, and I do not, the profession has some work to do. This book is an attempt to describe, in entirely nontechnical (i.e. plain English) terms, where modern macroeconomics gets its ideas from and how it goes about its business. ... More

Keywords: Walrasian Model, General Equilibrium, Financial Crisis, Macroeconomic method, Growth Models, Aggregation, Rationality in Macroeconomics

Bibliographic Information

Print publication date: 2013 Print ISBN-13: 9780262019736
Published to MIT Press Scholarship Online: May 2014 DOI:10.7551/mitpress/9780262019736.001.0001

Authors

Affiliations are at time of print publication.

Kartik B. Athreya, author