Managing the United Kingdom Economy

Managing the United Kingdom Economy

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Based on the Open University's Introduction to Economics course, this text is intended for first or second year macro-economics courses. The book addresses fundamental questions which are crucial to the UK's economic future and is distinctive for its orientation to problems of actual policy debate and development. The authors elucidate the current economic situation in the light of both theoretical and historical developments, and adopt a new approach to today's Keynesian/monetarism debate. Each chapter carefully develops the concepts necessary for an understanding of the differing approaches to key contemporary economic issues, thus widening the student's grasp of policy making.show more

Product details

  • Paperback | 300 pages
  • 150 x 230mm | 587g
  • Polity Press
  • Oxford, United Kingdom
  • 0745603173
  • 9780745603179

Table of contents

1. Objectives and Instruments of Economic Management 2. The Analysis of Economic Management: The Aggregate Demand and Supply Model 3. The Determinants of the Natural Rate of Unemployment 4. Demand-Deficient Unemployment 5. Unemployment and Technology 6. Inflation and Unemployment 7. Controlling the Money Supply 8. Managing the Open Economy 9. The Supply Side and Industrial Policy 10. Some Reflections on the AD/AS Model.show more

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