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The book provides an introduction to major topics in macroeconomic theory and offers the readers three tools for comparing different models:a mathematical reformulation of Say's Law, the use of income velocity of circulation of money as a behavioural function in accordance with the Friedman tradition and the use of the Phillips curve to represent the labour market.
Published by: Palgrave Macmillan
Publication Date: 1994-01-01
Format: Paperback
ISBN-13: 9781349391110
DOI: 10.1057/9780230371064
Dimensions: 216cm x140cm
Pages: 228