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I'm not afraid of storms, for Im learning how to sail my ship.
ISBN10: 0792379667, ISBN13: 9780792379669, [publisher: Springer Netherlands] Softcover Druck auf Anfrage Neuware - Printed after ordering - IS-LM is perhaps the prime example of `cognitive dissonance' in economics, and is problematic to many economists. On the one hand, the IS-LM model is still taught by many academic economists or they use it to derive the AD-AS approach. On the other hand, the same economists realize the limitations of the basic IS-LM model and would not now use it for policy analysis, as they did in the past. The distinction between pedagogical and analytical efficacy is made by all the authors in this volume regarding the IS-LM model. Indeed, even those who would reject using the model for modern policy analysis still see the basic model as useful for teaching purposes. Moreover, in an augmented form, some of the authors in this volume would even see fit to use IS-LM for modern policy analysis. As will be seen, therefore, the IS-LM model is `not yet dead'. Rather, the model's `plasticity' has enabled it to undergo a metamorphosis into augmented form, enabling its continuing utilization in economics accordingly. [Einbeck, Germany] [Publication Year: 2001] ...
ISBN10: 0792379667, ISBN13: 9780792379669, [publisher: Springer Netherlands] Softcover Druck auf Anfrage Neuware - Printed after ordering - IS-LM is perhaps the prime example of `cognitive dissonance' in economics, and is problematic to many economists. On the one hand, the IS-LM model is still taught by many academic economists or they use it to derive the AD-AS approach. On the other hand, the same economists realize the limitations of the basic IS-LM model and would not now use it for policy analysis, as they did in the past. The distinction between pedagogical and analytical efficacy is made by all the authors in this volume regarding the IS-LM model. Indeed, even those who would reject using the model for modern policy analysis still see the basic model as useful for teaching purposes. Moreover, in an augmented form, some of the authors in this volume would even see fit to use IS-LM for modern policy analysis. As will be seen, therefore, the IS-LM model is `not yet dead'. Rather, the model's `plasticity' has enabled it to undergo a metamorphosis into augmented form, enabling its continuing utilization in economics accordingly. [Einbeck, Germany] [Publication Year: 2001] ...
ISBN10: 0792379667, ISBN13: 9780792379669, [publisher: Springer] Softcover Book is in Used-LikeNew condition. Pages and cover are clean and intact. Used items may not include supplementary materials such as CDs or access codes. May show signs of minor shelf wear. 1 [Hawthorne, CA, U.S.A.] [Publication Year: 2001]
Hard Cover. New. New Book; Fast Shipping from UK; Not signed; Not First Edition; The Is-LM and Modern Macroeconomics. ISBN 0792379667 9780792379669 [GB]
ISBN10: 0792379667, ISBN13: 9780792379669, [publisher: Springer] Softcover Book is in NEW condition. 1 [Hawthorne, CA, U.S.A.] [Publication Year: 2001]
DISCLOSURE:
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission at no extra cost to you. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network, Amazon and Alibris.