Suchergebnisse

'All of us need help in understanding Keynes's brilliant, but often opaque, contributions to theory and policy. These essays provide a scholarly, balanced yet provocative assessment and critique.' Sir Alan Walters This book represents, for the first time a collection of classic appraisals of Keynesian economics' impact on economic theory and policy that will be of use to all students of macroeconomics and the history of economic thought. Don Patinkin's assesses Keynes early life and focuses attention on Keynes's contribution to monetary economics. Axel Leijonhufvud takes the view that the Keynesian revolution began and stayed on the wrong track. Leland Yeager refutes the idea that Keynesian economics was responsible for the general prosperity in the industrialised world immediately after the Second World War. Karl Brunner is critical of Keynes's reliance on fiscal rather than monetary policy. Terence Hutchison defends Keynes, both against his critics and against Keynesians! Patrick Minford traces the roots of neoclassical economics, back to The General Theory. Stephen Littlechild offers an alternative to Keynesian economics by focusing attention on the Austrian school.

How can the Institute of Economic Affairs help teachers? Walter Allan, director of the IEA's new Teachers' Resource Centre, explains the Institute's plans to develop its service to teachers and schools.

Answering multiple choice questions at 'A' Level involves different skills from ordinary questions, Walter Allan, publications director of the Institute of Economic Affairs and former teacher of economics, outlines some concepts and definitions.The multiple choice paper is still the area which lets many students down. Economic Affairs provides 50 definitions for particular multiple choice questions which should give the student more confidence in the examination room.Questions are normally split equally between definition and numerical questions. If you know your definitions, the numerical questions become second nature.Multiple choice papers are difficult to revise for since you do not know which questions will arise. If you take a look at the following list, check how many concepts you are familiar with.