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Beyond Demand and Supply Curves in Macroeconomics

Staff Report 77 | Published February 1, 1982

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Author

Thomas J. Sargent New York University and Hoover Institution
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)