ECC4710 - Post-Keynesian economics

Leader: Dr Mike White

Offered

Clayton Second semester 2007 (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

Three contact hours per week