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Demand Policies to Reduce Unemployment

In: Rational Expectations

Author

Listed:
  • Michael Carter

    (The Australian National University)

  • Rodney Maddock

    (The Australian National University)

Abstract

The central problem of macroeconomic policy is generally seen to be the management of the level of aggregate activity in the economy so as to achieve certain desired goals such as full employment and the absence of inflation. In this chapter we consider some of the economic theory required for an understanding of the macroeconomomic policy problem.

Suggested Citation

  • Michael Carter & Rodney Maddock, 1984. "Demand Policies to Reduce Unemployment," Palgrave Macmillan Books, in: Rational Expectations, chapter 3, pages 43-88, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-17644-1_3
    DOI: 10.1007/978-1-349-17644-1_3
    as

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