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Macroeconomics as Systems Theory

Transcending the Micro-Macro Dichotomy

Produktform: Buch / Einband - fest (Hardcover)

Conventional macro theory presents a national economy as a collection of such aggregate variables as output, employment, investment, and a price level, and seeks to develop theoretical relationships among those variables. In contrast, the social-theoretic approach to macro or social theory in this book treats the standard macro variables as having been shaped through social institutions, conventions, and processes that in turn are generated through interaction among economizing persons. The object denoted as macro is thus of a higher order of complexity than the object denoted as micro. weiterlesen

Sprache(n): Englisch

ISBN: 978-3-030-44464-8 / 978-3030444648 / 9783030444648

Verlag: Springer International Publishing

Erscheinungsdatum: 03.05.2020

Seiten: 313

Auflage: 1

Autor(en): Richard E. Wagner

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