How Long to Read Studies in Macroeconomic Theory

By Edmund S. Phelps

How Long Does it Take to Read Studies in Macroeconomic Theory?

It takes the average reader 7 hours and 15 minutes to read Studies in Macroeconomic Theory by Edmund S. Phelps

Assuming a reading speed of 250 words per minute. Learn more

Description

Studies in Macroeconomic Theory, Volume 1: Employment and Inflation is a collection of scholarly papers that accounts the development of a microeconomic theory of wage and price decisions and commitments. The book presents some features of the modern inflationary process and makes sense of some still accepted elements in the postclassical macroeconomics of Keynes and Phillips. The papers in this volume are grouped into seven sections. Part I describes disequilibrium models of employment. Part II gives closer scrutiny to the idea of the "natural" rate of unemployment. Part III studies the welfare economics of inflation in an equilibrium context. The fourth part deals with inflation planning. The papers in Part V discuss hypotheses about the causes of the rise in the rate of inflation in two historical episodes: the American inflation between 1955 - 1957 and 1972 - 1974. Part VI addresses some questions in the theory of economic stabilization by monetary and fiscal policy. The final section of this volume attempts to apply to matters of stochastic social choice, stabilization policy being one instance of such a choice, the conception of justice advanced by Rawls. The compendium will be of value to economists and economic policy makers.

How long is Studies in Macroeconomic Theory?

Studies in Macroeconomic Theory by Edmund S. Phelps is 432 pages long, and a total of 108,864 words.

This makes it 146% the length of the average book. It also has 133% more words than the average book.

How Long Does it Take to Read Studies in Macroeconomic Theory Aloud?

The average oral reading speed is 183 words per minute. This means it takes 9 hours and 54 minutes to read Studies in Macroeconomic Theory aloud.

What Reading Level is Studies in Macroeconomic Theory?

Studies in Macroeconomic Theory is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Studies in Macroeconomic Theory?

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