Abstract
The term ‘macro-economics’, introduced by Ragnar Frisch in 1933, applies to the study of relations between broad economic aggregates, as opposed to the decision-taking processes of individuals and firms which is the subject-matter of micro-economics. Even so, the scope of macro-economic theory is very wide, much too wide to be handled at a serious level in one text.
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© 1967 R. G. D. Allen
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Allen, R.G.D. (1967). Introduction. In: Macro-Economic Theory. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-81541-8_1
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DOI: https://doi.org/10.1007/978-1-349-81541-8_1
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-81543-2
Online ISBN: 978-1-349-81541-8
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