1. Rethinking macroeconomics -- 2. Keynesian theory and policy -- 3. Keynesian theory after Keynes -- 4. The Monetarist school of thought and monetary policy rules -- 5. Real business cycles and supply-side economics -- 6. Austrian capital and business cycle theory -- 7. World War I and...

"Macroeconomics has always played host to contesting schools of thought, but recent events have exacerbated those differences. To fully understand the subject, students need to be aware of these controversies. Rethinking Macroeconomics: A History of Economic Thought Perspective introduces...

This is a short book for students who have taken an introductory course in macroeconomics. The book contains a chapter on each of the major competing macroeconomic theories - Keynesian, Monetarist, real business cycle, and Austrian. Then the book presents macroeconomic data on five episodes in...