Beyond Demand and Supply Curves in Macroeconomics
Abstract
This paper surveys recent issues in macroeconomics from the viewpoint of dynamic economic theory. The need to look beyond demand and supply curves and the insights that come from doing so are emphasized. Examples of issues in debt management and fiscal policy are analyzed.
Published in: _American Economic Review_ (Vol. 72, No. 2, May 1982, pp. 383-389)