This introductory textbook provides a broad introduction to the field of macroeconomics and the alternative approaches to modeling an economic system. It ultimately demonstrates that economic modeling is always a matter of choice and compromise, and no one school of thought can accurately capture the full essence of a real evolving economic system under all circumstances, in all places, and at all times in history.
Business & investing
About the author
Hendrik Van den Berg, Professor Emeritus, Department of Economics, University of NebraskaÐLincoln and Lecturer, Department of Economics, University of Massachusetts Amherst, US
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