PPT-RETHINKING MACROECONOMICS:

WHAT WENT WRONG AND HOW TO FIX IT Joseph E Stiglitz Adam Smith Lecture European Economic Association Glasgow August 24 2010 Outline The failures of the existing paradigm And the policy frameworks based on them. Depressions. Depressions happen. http://www.nber.org/cycles.html. What is a depression?. What is a recession?. NBER: “. A recession is a significant decline in economic activity . …, . lasting more than a . Malcolm Sawyer. University of Leeds. Introduction. Heterodox macroeconomics includes what may be termed Post-Keynesian and . Kaleckian. macroeconomics . Reading:. M. Sawyer, ‘. T. he central core of heterodox macroeconomics. Junhui. Qian. Intermediate Macroeconomics. Content. Monetary Policy. Received . Principles. Science of Monetary Policy. Art of Monetary . Policy. Intermediate Macroeconomics. Received Principles of Monetary Policy. . Graphs . and Tables. Part #1. Figure I-A-1.1: Real GDP per capita for US 1960-2013. Table I-A-1.2: Comparing North and South Korea. . Figure I-A-2.1: Hyperinflation . in Zimbabwe. December 2008:. Steve Keen. University of Western Sydney. Debunking Economics. www.debtdeflation.com/blogs. www.debunkingeconomics.com. Macroeconomics . Before . the Crisis: Triumphalism. “Macroeconomics . was born as a distinct field in the 1940's, as a part of the intellectual response to the Great . CHAPTER 1: INTRODUCTION. Dr. . Widad. Soufi. What. . is. . economics. ?. Economics. . is. the . study. of . choices. . that. . economic. agents (. households. , . firms. , . governments. ) must . Taking a look at the “BIGGER” picture.. TOPICS COVERED:. GDP. CPI. Inflation. Stagflation. Aggregate supply. Aggregate demand. Calculations for economic growth, inflation, and unemployment . Structural, cyclical, and frictional unemployment. Merin. Joy. Ph.D. Scholar in Economics, Government College . Kottayam. , . joy.mmerin@gmail.com. T. .M Jacob Memorial Government College, . Manimalakunnu. , . Koothattukulam. National Conference on Recent Macroeconomic Developments in India: Issues, Challenges and Remedies – 6-7, December-2017. PB 202 . MACROECONOMICS. Continuous Assessment . CA. Total. . Chapter. %. Quiz . Minimum. 3. Chapter. 1, 6, 7. 20. Test . Minimum 1. Chapter 1-4. 20. Tutorial . Minimum 2. Chapter 2&3. 20. Case study . 4 th H en June 23 rd to 24 th 2 01 8 On June 23 rd and 24 th 2018 , the Center for Financial Development and Stability (CFDS) at Henan University and the International Network for Economic Research Delve into the depths of AP Macroeconomics with this comprehensive guide. Explore essential topics, key concepts, and preparation strategies for success in the AP exam. Shimin . Chen. * Phillip B. Gibbons* Suman Nath. +. *Intel Labs Pittsburgh . +. Microsoft Research. Introduction. PCM is an emerging non-volatile memory technology. Samsung is producing a PCM chip for mobile handsets. When to Push and when to Pull. John H. Rex, MD. Editor-in-Chief, . amr.solutions. Chief Medical Officer, F2G Ltd. Operating Partner, Advent Life Sciences. Email: . john.h.rex@gmail.com. Newsletter: . WHAT WENT WRONG AND HOW TO FIX IT. Joseph E. Stiglitz. Budapest. September 2010. Outline. The failures of the existing paradigm. And the policy frameworks based on them. Explaining the failures: key assumptions, key omissions.