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Routledge - Business Cycle Theory as a Basis for Economic Policy

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Description

Explore the complex relationship between economic theory and practical policy in this academic work by Routledge. This book examines how business cycle theory serves as a foundation for economic decision-making and policy formation. It addresses the shift in economic thought, noting the transition from the diverse views found in older periods to the more uniform analysis seen in modern business cycle developments. Since the 1970s, a trend has emerged where economic theorists favor supply-side policies and move away from direct economic policy interventions. This text tracks the development of Equilibrium Business Cycles theories and their impact on the field. It provides a necessary look at how the evolution of theory influences the way modern economies are managed and diagnosed. This is a valuable resource for students and professionals studying the history and application of economic models in a changing global landscape.

Key Features

Examines the connection between business cycle theory and the development of economic policy.

Provides a comparison between the diverse economic views of past eras and modern analytical approaches.

Analyzes the rise of supply-side economic policies and the decline of interventionist theories since the 1970s.

Covers the development and implications of Equilibrium Business Cycles theories.

Offers a detailed look at how current business cycle developments influence economic diagnosis.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
22 September 2015
Listed Since
30 March 2015

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