ECC4710

Post-Keynesian economics (6 points)

(BUS)

Leader: Dr Mike White

Offered:
Clayton First semester 2004 (Day)

Synopsis: Topics include Keynes' aggregate demand and supply analysis and critique of automatic adjustment in the economy; the significance of an endogenous money supply for inflation; credit, speculation and financial instability; the national saving debate; investment and income distribution; the Phillips Curve and hysteresis.

Assessment: Written (5000-word essay): 40% + Examination (3 hours): 60%

Contact Hours: Two 1.5 hour seminars per week