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Reintroducing Macroeconomics

A Critical Approach
By (author) Steven Mark Cohn
e-ISBN 9780765627063
eBook Price $23.95
Pages 396
Pub Date December 2006
Main Subject(s) Economics & Finance
“A brilliant tour de force on how macroeconomics should be taught to introductory undergraduate students.” (*)

This lively introduction to heterodox economics provides a balanced critique of the standard introductory macroeconomic curriculum. In clear and accessible prose, it explains many of the key principles that underlie a variety of alternative theoretical perspectives (including institutionalist economics, radical economics, Post Keynesian economics, feminist economics, ecological economics, Marxist economics, social economics, and socioeconomics). Because the book's structure parallels the chapters and subject matter presented in a typical introductory macroeconomics textbook, Reintroducing Macroeconomics provides readers with a running commentary on the standard approach, while simultaneously introducing them to a broader range of ideas about the causes and appropriate policy responses to a wide range of common economic problems.

Although designed primarily as a companion volume for students in introductory economics courses, it can also be used effectively for more targeted applications that highlight a particular economic issue or approach. It will be of particular interest to students in related disciplines (such as American Studies, anthropology, black studies, environmental studies, gender studies, history, political science, and sociology) who may be required to take introductory economics classes and who are interested in gaining an alternative perspective.

By demonstrating the vitality and common ground underlying a broad spectrum of heterodox approaches, Reintroducing Macroeconomics brings alternative perspectives into the classroom in an accessible way that empowers students to think about the economy in new and exciting ways.

The text includes end-of-chapter study questions, as well as a detailed note to instructors.


Endorsements:

“A brilliant tour de force on how macroeconomics should be taught to introductory undergraduate students. It systematically and critically introduces students to both neoclassical and heterodox approaches to macroeconomics—and there is no other introductory textbook that does this. All economists who are open to pluralism should require Reintroducing Macroeconomics for their macroeconomic classes.” — Frederic S. Lee, University of Missouri-Kansas City, author of Post Keynesian Price Theory and editor of the Heterodox Economics Newsletter (*)

“Without a doubt the best critical companion piece to the introductory macro course ever published. In it, he carefully exposes the weak foundations and misleading conclusions of mainstream theory, while providing the student with insightful alternative ways to think about the major theoretical issues and policy questions discussed in the standard textbook. And he does so in clear and engaging language that students will have no trouble understanding and will enjoy reading. I hope the book will be widely adopted.” — James R. Crotty, University of Massachusetts

“Economics instructors looking for ways to revitalize their introductory courses should take a close look at this book. Cohn has distilled the main themes of several dissenting traditions in economics and has shown how they can bring intellectual excitement to the undergraduate classroom. His explanations are clear, and there are lots of striking examples that will make students—and their professors—sit up and take notice. Reintroducing Macroeconomics marks a significant step forward in the movement to reconnect economics to the main currents of contemporary thinking.” — Peter Dorman, Evergreen State College