Modern macroeconomic theory / Jean-Paul Fitoussi -- IS-LM, an explanation / John Hicks -- What was the matter with IS-LM? / Axel Leijonhufvud -- Notes on growth theory with imperfectly flexible prices / Edmond Malinvaud -- Conjectural stock and flow responses to market rationing / Panayotis G. Korliras -- Consistent temporary equilibrium / Christopher Bliss -- Economic fluctuations with an imperfectly competitive labour market / Oliver D. Hart -- Monetary information and macroeconomic fluctuations / John Bochen and Herschel Grossman -- Foundations of a likelihood theory of employment and inflation / Ezio Tarantelli.