Macroeconomic Foundations of Macroeconomics [Hardcover]

Contrary to common belief, macroeconomics is not merely a theory of aggregates, and cannot be constructed from individual behaviour. Both nationally and internationally, there are economic laws that are logically independent of economic agents behaviour. These are the macroeconomic foundations of macroeconomics.

Presenting cutting-edge material, Alvaro Cencini explores these foundations, and shows that the introduction of money entails economics being interpreted conceptually not mathematically.  His innovative book provides the elements for a new approach by applying the most recent results of monetary analysis to the study of national and international economics. It covers recent progress in monetary theory, provides the reader with a greater understanding of the subject, and will be essential reading for economic students as well as a valuable resource for economists.

Part1: Macroeconomics Versus Microeconomics  1. Neoclassical, New Classical, and New Business Cycle Economics  2. Keynesian, New Keynesian, and Post-Keynesian Economics  3. Identity Versus Equilibrium Equilibrium Analysis: A critical appraisal  4. Keynes Revisited  The Principle Of Effective Demand  Effective Demand And Keyness Identities  Part 2: The Macroeconomic Analysis Of National Economics  5. Money And Income As Macroeconomic Magnitudes  6. Production And Consumption As Macroeconomic Events  7. Capital And Interest: Their macroeconomic origin  8. Inflation And Unemployment As Macroeconomic Disorders  Part 3: The Macroeconomic Analysis Of International Economics  9. Eurocurrencies: A macroeconomic occurrence from national to international macroeconomics  10. A Macroeconomil“A