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Paperback Macroeconomics as Systems Theory: Transcending the Micro-Macro Dichotomy Book

ISBN: 3030444678

ISBN13: 9783030444679

Macroeconomics as Systems Theory: Transcending the Micro-Macro Dichotomy

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Format: Paperback

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Book Overview

This book examines macroeconomic theory from an analytical framework provided by theories of complex systems, in contrast to conventional theories founded on aggregation. The resulting difference in analytical perspectives is huge: the macro level of society is not pursued through aggregation over micro entities. To the contrary, the micro-macro relation is treated as one of parts-to-whole, and this relation is approached from within an...

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