Strathprints Home | Open Access | Browse | Search | User area | Copyright | Help | Library Home | SUPrimo

The grand macroeconomics circular tour: from 'the classics' to Keynes, and back again

Grieve, R.H. (2011) The grand macroeconomics circular tour: from 'the classics' to Keynes, and back again. GCU Economic Journal, 16 (2). ISSN 0242-2815

Full text not available in this repository. (Request a copy from the Strathclyde author)

Abstract

Having noted the fundamental difference between the pre-Keynesian (classical) and Keynesian conceptions of the working of the macro system - i.e. from the one (classical) perspective that aggregate demand naturally accommodates itself to supply, and from the other, that planned aggregate demand is the key determinant of economic activity - this paper goes on to draw attention to the fact that the pre-Keynesian vision has re-emerged as the conventional wisdom as expounded in contemporary mainstream textbooks, a development intimately bound up with the adoption of the highly problematic ADAS model as the expository framework of choice.

Item type: Article
ID code: 28252
Keywords: macroeconomics, keynes, Economic Theory
Subjects: Social Sciences > Economic Theory
Department: Strathclyde Business School > Economics
Related URLs:
Depositing user: Miss Jenna Wright
Date Deposited: 14 Oct 2010 16:05
Last modified: 06 Dec 2013 22:57
URI: http://strathprints.strath.ac.uk/id/eprint/28252

Actions (login required)

View Item