How the Evolution of the UK Annual Dataduring 1950-2007 relates with the Developments of Macroeconomic Theories
Authors
Xi-Yu Ren
Corresponding Author
Xi-Yu Ren
Available Online May 2018.
- DOI
- 10.2991/icmesd-18.2018.143How to use a DOI?
- Keywords
- Macroeconomic theory, UK Data.
- Abstract
How the development of the macroeconomic theories and political policies affects the UK macroeconomic data during 1950-2007 were analysed by using unemployment rate, GDP growth rate and consumer price rate as the three basic indicators of macroeconomic performances. Findings indicate that development in theories did relate to macroeconomic performances, but the role is actually very limited. Both the set of external circumstances and how politicians actually implementing the policies are also inseparable to the economic performances in corresponding periods.
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Xi-Yu Ren PY - 2018/05 DA - 2018/05 TI - How the Evolution of the UK Annual Dataduring 1950-2007 relates with the Developments of Macroeconomic Theories BT - Proceedings of the 4th Annual International Conference on Management, Economics and Social Development (ICMESD 2018) PB - Atlantis Press SP - 828 EP - 834 SN - 2352-5428 UR - https://doi.org/10.2991/icmesd-18.2018.143 DO - 10.2991/icmesd-18.2018.143 ID - Ren2018/05 ER -