Macroeconomics, History of From 1933 to Present


Book Section

© 2015 Elsevier Ltd. All rights reserved. The history of modern macroeconomics begins when much older economic questions were reclassified by Ragnar Frisch under the headings 'microeconomics' and 'macroeconomics.' The history of macroeconomics related here is importantly a history of the relationships of macroeconomics to microeconomics, and econometrics. The emphasis is on the development of macroeconomics as an interplay among economic theory, empirical investigation, and public policy.

Full Text

Duke Authors

Cited Authors

  • Hoover, KD

Published Date

  • March 26, 2015

Book Title

  • International Encyclopedia of the Social & Behavioral Sciences: Second Edition

Start / End Page

  • 400 - 405

International Standard Book Number 13 (ISBN-13)

  • 9780080970868

Digital Object Identifier (DOI)

  • 10.1016/B978-0-08-097086-8.71066-X

Citation Source

  • Scopus