Macroeconomic Theory

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Macroeconomic Theory is a textbook for advanced undergraduate and graduate students providing a comprehensive review of the literature in macroeconomic theory and a guide for anyone interested in the evolution of the theory. John A. Sawyer takes the view that mainstream macroeconomic theory is made up of two distinct research programs, the neo-Walrasian program--a term used to group together the theories that come from Leon Walras's view of the economy--and the Keynesian program.