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Other Things Equal: Truth in Labeling, AS/AD Analysis, and Pedagogy
Colander, David - In: Eastern Economic Journal 23 (1997) 4, pp. 477-482
supply path (for aggregate supply) to alert students to the difference between the aggregate curves and their micro …
Persistent link: https://www.econbiz.de/10005466861
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On an Alleged Inconsistency in Aggregate-Supply/Aggregate-Demand Analysis
Dutt, Amitava Krishna - In: Eastern Economic Journal 23 (1997) 4, pp. 469-476
It has been argued that aggregate-supply/aggregate-demand (AS/AD) models suffer from an inconsistency because they …
Persistent link: https://www.econbiz.de/10005418742
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Interactive macroeconomics : a pluralist simulator
Prante, Franz J.; Barmucci, Alessandro; Hein, Eckhard; … - 2019
The aim of our contribution is to present an innovative instrument to teach macroeconomics at the undergraduate and master level. We develop a digital learning platform to present and explore some controversies at the very foundations of macroeconomic theory. For this purpose, we explicitly...
Persistent link: https://www.econbiz.de/10011994508
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Truth in Teaching Macroeconomics: Mappings of the Aggregate Supply Curve onto the Phillips Curve
Wulwick, Nancy J. - In: Eastern Economic Journal 17 (1991) 4, pp. 403-408
exponential. Yet many principles of economics books claim that the stable Phillips curve is a mapping of a stable aggregate supply …This essay shows that the stable Phillips curve cannot be mapped off an aggregate supply curve that is linear or … curve. Treating the stable Phillips curve mechanically as a mapping of the stable aggregate supply curve discourages the …
Persistent link: https://www.econbiz.de/10005641733
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The Aggregate-Supply/Aggregate-Demand Model
Barro, Robert J. - In: Eastern Economic Journal 20 (1994) 1, pp. 1-6
The aggregate-supply/ aggregate-demand (AS-AD) model is popular in textbooks, but has problems with logical consistency …
Persistent link: https://www.econbiz.de/10005641579
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Open Economy Keynesian Macroeconomics Without the LM Curve
Bajo‐Rubio, Oscar - 2013
with an aggregate supply function derived from the Phillips curve, and is later extended to describe the case of a monetary …
Persistent link: https://www.econbiz.de/10013084173
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Competitive vs cumulative approach in teaching macroeconomics : some thoughts on recent popular textbooks
Carnevali, Emilio - In: PSL quarterly review 75 (2022) 301, pp. 161-171
This paper critically evaluates two different approaches to teaching macroeconomics at the undergraduate level through the comparison of two popular, recent handbooks: Olivier Blanchard's Macroeconomics (2021) and William Mitchell, Randall Wray and Martin Watts's Macroeconomics (2019). These...
Persistent link: https://www.econbiz.de/10013279920
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Truth in Teaching Macroeconomics: Mappings of the Aggregate Supply Curve onto the Phillips Curve: Errata
Wulwick, Nancy J. - In: Eastern Economic Journal 18 (1992) 3, pp. 371-373
Persistent link: https://www.econbiz.de/10005770024
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From theory to practice in macroeconomic models: post-Keynesian eclecticism
Visco, Ignazio - In: BNL Quarterly Review 58 (2005) 233-234, pp. 67-90
the EU has exerted on the European economic policies. On the supply side, it is acknowledged that many suggestions have …
Persistent link: https://www.econbiz.de/10010752486
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From theory to practice in macroeconomic models: post-Keynesian eclecticism
Visco, Ignazio - In: Banca Nazionale del Lavoro Quarterly Review 58 (2005) 233-234, pp. 67-90
the EU has exerted on the European economic policies. On the supply side, it is acknowledged that many suggestions have …
Persistent link: https://www.econbiz.de/10010752532