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Johnson, Harry G. 作者

Transaction Pub

译者

2006-8 出版日期

228 页数

$ 31.58 价格

Pap

丛书系列

9780202308654 图书编码

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Macroeconomics & Monetary Theory 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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Macroeconomics is an outgrowth from the mainstream of classical monetary theory following Keynes. Keynes changed the emphasis from the determination of the level of money prices to the determination of the level of output and employment. He also changed the key relationship from demand and supply of money as determining the price level, to the relationship between consumption expenditure and income, in conjunction with private investment expenditure, as determining the level of output and therefore employment demanded. The income multiplier replaced the velocity of circulation as the key concept of monetary theory.

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