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Lecture Macroeconomics: Lecture note 14 - Prof. Dr.Qaisar Abbas

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Chapter 14 - Advances in business cycle theory. After studying this chapter you will be able to understand: describe alternative perspectives on the causes of macroeconomic instability, including the views of mainstream economists, monetarists, real-business-cycle advocates, and proponents of coordination failures; explain what the equation of exchange is and how it relates to "monetarism"; . |