Scholarly Works

Aggregate Demand-Supply Analysis and Its Critics:...

Journal article

Aggregate Demand-Supply Analysis and Its Critics: An Evaluation of the Controversy

Abstract

While acknowledging that the AD-AS model is sometimes applied carelessly, this note defends this analytical framework against charges that it is internally inconsistent, empirically unrealistic, and unable to clarify major controversies in macroeconomic theory and policy. JEL classification: A22, B22, E10

Authors

Scarth W

Journal

Review of Radical Political Economics, Vol. 42, No. 3, pp. 321–326

Publisher

SAGE Publications

Publication Date

August 27, 2010

DOI

10.1177/0486613410377621

ISSN

0486-6134

Associated Experts

William Scarth

Professor Emeritus, ACADEMIC

Labels

Fields of Research (FoR)

38 Economics 3802 Econometrics 3801 Applied economics 3899 Other economics 4404 Development studies

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