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Macroeconomics and the Market

Matthews, K.G.P.

Part of the Economics Today S. series

See all formats and editions

This book reviews the development of macroeconomic policy in the context of the market system and evaluates its success or failure in its application to the UK.

The author argues that there is no such thing as macroeconomics - that all economics is macroeconomics.

The market system is a mode of organization by which the macroeconomics units such as households and firms interact to solve the economic problems of consumption, production and distribution.

Macroeconomic policy design that fails to take into account the market system and the responses of microeconomic units will be doomed to failure.

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Product Details

Publisher/Imprint Palgrave Macmillan

ISBN/Ean0333562828 / 9780333562826

FormatPaperback

Dewey339.5

Published28/10/1994

Country of PubUnited Kingdom

Pages184 pages, Illustrations

Dimensions138 x 216 mm, 249 grams

ReadershipA / AS level/Further/Higher Education/Undergraduate Learn More

BIC 1DBK United Kingdom, Great Britain, 4KL Designed / suitable for A & AS Level, 4KVN For GNVQ (General National Vocational Qualification), KCB Macroeconomics