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In this book the author provides an account of the basic topics and controversies in economics, from neoclassical microeconomic theory to the most recent contributions to both microeconomic and macroeconomic theory. He also analyzes and comments on the policy implications of the theories. Topics covered in the book include the role and effects of monetary policy, the implications of monetary asnd fiscal policies and the stability of the economic system, problems of growth and development, welfare economics and international economic relations.
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