Keynesian economics and development / edited by Devendra Thakur
Material type:
- 8171000770
- 330.156 KEY
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In macro-economic analysis Keynes is the most luminous star of modern times and his book 'The General Theory' marks a istoric
breakthrough in this field because from here a new trend of thinking about economic phenomena has developed which left a reath-taking legacy both in the fields of theory and practice. And Keynesian economics is also based on many revolutionary ideas which reflect very practical and matured understanding of economic analysis.
With the view to analyse Keynes' economics in the context of national income determination and economic growth, the present volume depicts various notable developments in this field and contains laudable works of talented writers. The authors study in detail: Introduction to Keynesian Economics; The Great Turn; The Keynesian Model; Full Employment Analysis: Limitation of Wage Reduction; The Function of Consumption; Income Multiplier and Accelerator; Policy Implications of Keynesan Economics; Some Observations on Keynesian Revolution and Long Term Growth Perspective.
This outstanding book will be of great use to teachers, scholars and students of economics and commerce.
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