From AD-AS to Advanced Macroeconomics

2020 ◽  
pp. 1-56
Author(s):  
Christopher Tsoukis
Keyword(s):  
Production Function ◽  
Policy Making ◽  
Phillips Curve ◽  
Supply And Demand ◽  
Formal Theory ◽  
Building Blocks ◽  
Current Theory ◽  
Policy Implications ◽  
Macroeconomic Theory ◽  
History Of

The chapter reviews basic building blocks of macroeconomic theory, such as the production function, labour supply and demand. It also reviews elementary models such the IS-LM, AD-AS, and the Phillips Curve. In doing so, it provides a bridge between standard elementary/intermediate material, that readers of this book will have typically been exposed to, and the more advanced macroeconomics that is its main subject. Alongside analytics, the chapter outlines the history of macroeconomics as a way of better appreciating the models and current theory. The policy implications of various theories and models are centrepieces. A brief detour into formal theory of policy-making offers additional policy perspectives. The chapter also summarizes six benchmark ‘policy ineffectiveness propositions’ developed in subsequent chapters, as a way of looking ahead.

Inflation, Output, and the Phillips Curve

2020 ◽  
pp. 103-107
Author(s):  
Harold L. Cole
Keyword(s):  
Intellectual History ◽  
Policy Making ◽  
Rational Expectations ◽  
Phillips Curve ◽  
History Of ◽  
1960S And 1970S ◽  
The 1960S

This chapter discusses the intellectual history of the Phillips curve and its impact on U.S. policy making during the 1960s and 1970s. It discusses the intellectual response to stagflation in terms of both NAIRU, rational expectations and the New Keynesians.

Trying to Professionalize Expert Knowledge (Part I): The Short Life of the Municipal Administration Service, 1926-1933

Public Voices ◽  
2017 ◽  
Vol 15 (1) ◽  
pp. 9 ◽  
Author(s):  
Mordecai Lee
Keyword(s):  
Best Practices ◽  
Public Administration ◽  
Expert Knowledge ◽  
Building Blocks ◽  
Early History ◽  
Short Life ◽  
Organizational History ◽  
Municipal Administration ◽  
History Of ◽  
Wide Dissemination

One of the building blocks of the professionalization of American public administration was the recognition of the need for expert knowledge and the wide dissemination of that information to practitioners. Municipal civil servants could adopt and adapt these best practices in their localities. Such was the purpose of the Municipal Administration Service (1926-1933), initially founded by the National Municipal League and funded by the Rockefeller philanthropies. This article is an organizational history of the Service. It presents the life cycle of the agency, including its operations, funding, problems, and the behind-the-scenes public administration politics which led to its demise. In all, the Municipal Administration Service captures the early history of American public administration, its attempt to demonstrate that it was a full-fledged profession with recognized experts and managerial advice that ultimately proved unable to perpetuate itself.

Introduction to ideas of development

2017 ◽  
Author(s):  
John Toye
Keyword(s):  
Economic History ◽  
Socioeconomic Development ◽  
18Th Century ◽  
Economic Thought ◽  
Policy Implications ◽  
Social Progress ◽  
History Of ◽  
The 2008 Financial Crisis ◽  
Student Demands ◽  
Active Policy

The 2008 financial crisis has sparked student demands to rewrite the economics curriculum, giving more space to economic history and the history of economic thought. This can be done within a survey of the main narratives of socioeconomic development. Pre-18th-century discussions of improvement were narratives of linear social progress, however. Once the moderns triumphed over the ancients, the term ‘development’ became common in English. The alternative ‘civilization’ proved to be too ambiguous and too controversial. The development concept bifurcated into ‘organic and constructive versions’, the first with passive (evolutionary) and the latter with active (policy) implications. All development narratives stem from one or the other of these two strands.

scholarly journals How to Effectively Control Energy Consumption Growth in China’s 29 Provinces: A Paradigm of Multi-Regional Analysis Based on EAALMDI Method

2021 ◽  
Vol 13 (3) ◽  
pp. 1093
Author(s):  
Yunlong Zhao ◽  
Geng Kong ◽  
Chin Hao Chong ◽  
Linwei Ma ◽  
Zheng Li ◽  
...  
Keyword(s):  
Energy Consumption ◽  
High Resolution ◽  
Energy Policy ◽  
Policy Making ◽  
Regional Analysis ◽  
Policy Implications ◽  
Consumption Growth ◽  
High Resolution Analysis ◽  
Resolution Analysis ◽  
Consumption Control

Controlling energy consumption to reduce greenhouse gas emissions has become a global consensus in response to the challenge of climate change. Most studies have focused on energy consumption control in a single region; however, high-resolution analysis of energy consumption and personalized energy policy-making, for multiple regions with differentiated development, have become a complicated challenge. Using the logarithmic mean Divisia index I (LMDI) decomposition method based on energy allocation analysis (EAA), this paper aims to establish a standard paradigm for a high-resolution analysis of multi-regional energy consumption and provide suggestions for energy policy-making, taking 29 provinces of China as the sample. The process involved three steps: (1) determination of regional priorities of energy consumption control by EAA, (2) revealing regional disparity among the driving forces of energy consumption growth by LMDI, and (3) deriving policy implications by comparing the obtained results with existing policies. The results indicated that 29 provinces can be divided into four groups, with different priorities of energy consumption control according to the patterns of coal flows. Most provinces have increasing levels of energy consumption, driven by increasing per capita GDP and improving living standards, while its growth is restrained by decreasing end-use energy intensity, improving energy supply efficiency, and optimization of industrial structures. However, some provinces are not following these trends to the same degree. This indicates that policy-makers must pay more attention to the different driving mechanisms of energy consumption growth among provinces.

Tourism to the year 2000 - Qualitative Aspects Affecting Global Growth

1990 ◽  
Keyword(s):  
Policy Making ◽  
Supply And Demand ◽  
Study Programme ◽  
The World ◽  
Work Programme ◽  
World Tourism Organization ◽  
Tourism Organization ◽  
Year 2000 ◽  
Global Growth ◽  
General Work

The World Tourism organization (UNWTO) has initiated study programme on tourism to the year 2000 as part of its general work programme requested by members. The general objective of the study programme is specified as being: To identify the major trends in tourism supply and demand worldwide and by region and their impact on the various sectors of tourism trades; together with implications for policy making and relevant strategies.

Advancing Research Within Asian American Psychology Using Asian Critical Race Theory and an Asian Americanist Perspective

2021 ◽  
pp. 002216782110627
Author(s):  
Hyung Chol Yoo ◽  
Abigail K. Gabriel ◽  
Sumie Okazaki
Keyword(s):  
Critical Race Theory ◽  
Asian Americans ◽  
Asian American ◽  
Current Theory ◽  
Future Research ◽  
Critical Race ◽  
Race And Racism ◽  
Race Theory ◽  
American Psychology ◽  
History Of

Research within Asian American psychology continually grows to include a range of topics that expand on the heterogeneity, hybridity, and multiplicity of the Asian American psychological experience. Still, research focused on distinct racialization and psychological processes of Asians in America is limited. To advance scientific knowledge on the study of race and racism in the lives of Asian Americans, we draw on Asian critical race theory and an Asian Americanist perspective that emphasizes the unique history of oppression, resilience, and resistance among Asian Americans. First, we discuss the rationale and significance of applying Asian critical race theory to Asian American psychology. Second, we review the racialized history of Asians in America, including the dissemination of essentialist stereotypes (e.g., perpetual foreigner, model minority, and sexual deviants) and the political formation of an Asian American racial identity beginning in the late 1960s. We emphasize that this history is inextricably linked to how race and racism is understood and studied today in Asian American psychology. Finally, we discuss the implications of Asian critical race theory and an Asian Americanist perspective to research within Asian American psychology and conclude with suggestions for future research to advance current theory and methodology.

Like Rachel and Leah Who Together Built Up the House of Israel (kĕrāḥēl ûkĕlē’â ’ăšer bānû šĕtêhem ’et-bêt yiśrā’ēl)

2016 ◽  
Author(s):  
Cynthia R. Chapman
Keyword(s):  
Building Blocks ◽  
National History ◽  
Promised Land ◽  
Political Alliances ◽  
Northern Kingdom ◽  
History Of ◽  
House Of David ◽  
Military Units

The national history of the “House of Israel” was a contested history of a divided house. Maternal subunits within the house of Jacob came to define the Rachel-born northern kingdom of Israel, known as “Ephraim,” and the Leah-born southern kingdom of Judah, known as the “House of David.” Peripheral territories and nations traced their ancestry to foundational mothers whose houses had become satellite houses, no longer nested within the father’s house. Sons who inherited the satellite houses of their mothers became “seeds of women,” inheritors of a maternal covenant. Sent out from their chosen brothers in the Promised Land, unchosen sons dwelled “alongside” their brothers. Far from being reproductive “vessels” who produced male heirs to continue the tôlĕdôt of their husbands, foundational mothers become nations, kingdoms, military units (’ummōt), and household alliances. Mothers served as the building blocks for the biblical house of the father and its attendant kinship structures; their breasts and wombs defined social and political alliances within the house of the father.

scholarly journals Regulation and Decriminalisation of Illegal Substances in Thailand

2019 ◽  
Author(s):  
Rasmon Kalayasiri ◽  
Teerayuth Rungnirundorn ◽  
Robert Ali ◽  
John Marsden
Keyword(s):  
Substance Use ◽  
Supply And Demand ◽  
Chemical Compounds ◽  
Middle Income Country ◽  
Drug Control ◽  
Psychoactive Substances ◽  
Middle Income ◽  
Country Level ◽  
History Of ◽  
Legal Controls

Psychoactive substances – chemical compounds which can alter a person’s mood, thoughts, and behaviors may be liable to misuse and cause addiction. Internationally, many strategies have been implemented in order to limit the supply and demand of illegal substances, with a wide variation at the country level. Thailand is an upper-middle income country in Southeast Asia. Since 2015, Thai authorities and policymakers have instituted many changes to the legal controls on illegal drugs. The aim of this review was to summarise the history of drug control and regulation in Thailand, focusing on opioids (including Kratom), methamphetamines and cannabis, and the outcome of recent strategies. Recent measures towards decriminalising substance use disorders are also discussed.

scholarly journals Preparing Teachers of English Language Learners: Empirical Evidence and Policy Implications

2013 ◽  
Vol 21 ◽  
pp. 20 ◽  
Author(s):  
Francesca López ◽  
Martin Scanlan ◽  
Becky Gundrum
Keyword(s):  
English Language Learners ◽  
Language Learners ◽  
English Language ◽  
Current Theory ◽  
English Language Development ◽  
Theory And Practice ◽  
Policy Implications ◽  
Teacher Education Programs ◽  
Reading Outcomes ◽  
Level Of Training

In this study, we examined the degree to which the requirements in each state’s teacher education programs reflect current theory and practice for teachers of ELLs in their coursework, and how these requirements in turn are related to 4th grade Hispanic ELL’s reading outcomes on the National Assessment of Educational Progress. We found that required coursework on English language development and assessment were positively related to Hispanic ELLs' reading outcomes. Moreover, states that require both specialist certification, and all teachers to have some level of training to meet the needs of ELLs, also tend to have higher levels of achievement than states that do not have these requirements.

Sign in / Sign up

Export Citation Format

Share Document