An Introduction to Macroeconomics: A Heterodox Approach to Economic Analysis

A heterodox introduction to macroeconomics

An Introduction to Macroeconomics: A Heterodox Approach to Economic Analysis takes a clear, structured look at macroeconomics from outside the standard mainstream frame. Edited by Louis-Philippe Rochon and Sergio Rossi, it gathers a range of contributors to explore how money, banking, fiscal policy, growth, distribution, and financial instability look when heterodox economics sets the terms of the discussion.

The result is a textbook that is both introductory and critical. Rather than treating macroeconomics as a single settled doctrine, it opens up the subject through competing perspectives and a deliberate focus on monetary production economies, effective demand, and the policy role of the state. That makes it especially useful for readers who want more than a conventional survey of aggregate demand curves and model-based abstractions.

What the book covers

• the history of economic thought and the meaning of economics itself
• money, banking, and the modern payment system
• financial systems and central banking
• aggregate demand, inflation, unemployment, and fiscal policy
• growth, development, trade, financialization, and crises
• sustainable development and the question of microfoundations

Why it stands out

This is a substantial classroom text, but it is also a useful reference for anyone interested in how heterodox economists explain real-world macroeconomic problems. The chapter layout supports guided study, while the range of contributors brings breadth and intellectual variety to the subject.

Ideal for

Economics students, instructors, and readers who want an alternative to standard macroeconomics textbooks will find this edition particularly relevant. It offers a coherent introduction to heterodox ideas without losing sight of the core policy questions that shape modern economies.