Brief History of Macroeconomic Thought and Policy

Read this chapter to examine macroeconomic attitudes towards economic policies of the three main schools of economic thought: Classical, Keynesian, and Monetarist. Also, learn about modern day interpretations of the main ideas.

3. Macroeconomics for the 21st Century

The 1980s and Beyond: Advances in Macroeconomic Policy

The exercise of monetary and of fiscal policy has changed dramatically in the last few decades.