ABSTRACT
The present macroeconomic crisis has demonstrated that a deeper understanding of the importance of relevant macroeconomic theories and methods is wanting. Additionally, lack of methodological awareness is behind much of the disagreement within macroeconomics which, looked upon from outside, often appears incomprehensible.
The Handbook gives a structured presentation of the study of principles and procedures by which macroeconomics is researched, taught and communicated both within academia and to a wider audience, and why specific theories, research strategies and teaching are preferred. The principles of selecting theory relevant to real-world problems are the core of methodology. This book contains a broad range of arguments behind theory construction and appraisal and the consequences of these choices within the field of macroeconomics.
An international range of experts provide clear analysis of key concepts, ideas and principles to give academics, students and others a better understanding of the macroeconomics behind policy conclusions which are put forward at different levels.
TABLE OF CONTENTS
part I|59 pages
Philosophy of science perspectives
part II|88 pages
Concepts
part III|88 pages
Schools of thought
part IV|78 pages
Models, econometrics and measurement
chapter 24|14 pages
Using macroeconomic models in policy practice
part V|22 pages
Communicating macroeconomics