000 01206nam a2200193Ia 4500
999 _c10061
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082 _a330.1 MEY 3rd ed.
100 _aMeyers, Albert L.
245 0 _aElements of modern economics
250 _a3rd ed.
260 _aCalcutta
260 _bThe World Press
260 _c1952
300 _a453 p.
520 _a the main purpose of the present revision is to take more adequate account of the theory of savings and investment and to give the beginner at least a cursory view of the field of macro-economics. Whether we agree fully with the Keynesian theory or not, and regardless of whether we accept the practical measures to meet the problem of unemployment that are offered by Keynes and Hansen and their followers, we cannot afford to ignore the impact upon traditional economic theory which has been made by the theory of savings and investment. In order to make it more understandable, the subject is treated in terms of planned saving and planned investment rather than in the more elegant, if some what more confusing, "propensities" of the original Keynesian theory.
650 _aEconomics
942 _cB
_2ddc