Summary:
This lecture for my first year (“Level 4”) students at Kingston covers Neoclassical modeling from its microeconomic beginnings to the evolution of macroeconomics in response to the Great Depression, Hicks’s Neoclassical IS-LM general equilibrium model of Depressions versus “normal times”, and ultimately the development of Real Business Cycle models. The next lecture covers the development ...
Topics:
Steve Keen considers the following as important:
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This lecture for my first year (“Level 4”) students at Kingston covers Neoclassical modeling from its microeconomic beginnings to the evolution of macroeconomics in response to the Great Depression, Hicks’s Neoclassical IS-LM general equilibrium model of Depressions versus “normal times”, and ultimately the development of Real Business Cycle models. The next lecture covers the development ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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