Macroeconomics

This core textbook encourages students to take a critical approach to macroeconomics by comparing and contrasting heterodox and orthodox approaches. It is based on Modern Monetary Theory (MMT) and offers fiscal and monetary policy recommendations to improve economic performance. The book is suitable for introductory and intermediate courses and provides online resources for teaching and learning.

Format: Paperback / softback
Length: 604 pages
Publication date: 25 February 2019
Publisher: Macmillan Education UK

This groundbreaking new core textbook encourages students to take a more critical approach to the prevalent assumptions around the subject of macroeconomics, by comparing and contrasting heterodox and orthodox approaches to theory and policy. The first such textbook to develop a heterodox model from the ground up, it is based on the principles of Modern Monetary Theory (MMT) as derived from the theories of Keynes, Kalecki, Veblen, Marx, and Minsky, amongst others. The internationally-respected author team offer appropriate fiscal and monetary policy recommendations, explaining how the poor economic performance of most of the wealthy capitalist countries over recent decades could have been avoided, and delivering a well-reasoned practical and philosophical argument for the heterodox MMT approach being advocated.

The book is suitable for both introductory and intermediate courses, offering a thorough overview of the basics and valuable historical context, while covering everything needed for more advanced courses. Issues are explained conceptually, with the more technical, mathematical material in chapter appendices, offering greater flexibility of use. Accompanying online resources for this title can be found at bloomsburyonlineresources.com/mitchell-macroeconomics. These resources are designed to support teaching and learning when using this textbook and are available at no extra cost.

Weight: 1242g
Dimension: 260 x 193 x 31 (mm)
ISBN-13: 9781137610669
Edition number: 1st ed. 2019