For
vibrant policy making, an open-minded academic engagement
between contrasting viewpoints is needed in macroeconomic
education. However, there does not even exist a textbook
that contrasts these contesting ideas in a tractable
manner. This pedagogical paper is an attempt to plug
that gap by presenting a comparative study across
different traditions in macroeconomics in a unified
framework, which can be developed into a semester-long
intermediate-level course.
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This
article was originally posted in the Economic
& Political Weekly on March 30, 2018.