Grieve, R.H. (2010) Time to ditch ADAS? Review of Radical Political Economics, 42. pp. 315-320. ISSN 0486-6134
Full text not available in this repository. (Request a copy from the Strathclyde author)Official URL: http://dx.doi.org/10.1177/0486613410377620
Abstract
Complementing previous, often ignored criticism of the AD-AS model - to the effect that this widely-used construction is inherently inconsistent - this note argues that a (rare) defence of the model by Peter Kennedy fails to convince and that the model does indeed, as alleged, give rise to confusing and misleading expositions of the working of the macroeconomy.
| Item type: | Article |
|---|---|
| ID code: | 28140 |
| Keywords: | intermediate macroeconomics, AD-AS model, Political science (General), Economic Theory |
| Subjects: | Political Science > Political science (General) Social Sciences > Economic Theory |
| Department: | Strathclyde Business School > Economics |
| Related URLs: | |
| Depositing user: | Miss Jenna Wright |
| Date Deposited: | 14 Oct 2010 09:57 |
| Last modified: | 12 Mar 2012 11:20 |
| URI: | http://strathprints.strath.ac.uk/id/eprint/28140 |
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