Heterodox
by Summary:
Lecture on Macroeconomics develops a simple model to illustrate how nominal wage bargain does not lead to determination of real wage — central Keynesian concept of Chapter 2 of General Theory. Many other key Keynesian concepts can be easily discussed within this model. For COURSE homepage see: sites.google.com/site/az4macro
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Lecture on Macroeconomics develops a simple model to illustrate how nominal wage bargain does not lead to determination of real wage — central Keynesian concept of Chapter 2 of General Theory. Many other key Keynesian concepts can be easily discussed within this model. For COURSE homepage see: sites.google.com/site/az4macro
Topics:
Asad Zaman considers the following as important:
This could be interesting, too:
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