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Search results for keyword: keynes
keynes' theory of insufficient effective demand
John Maynard keynes (1883-1946) was a British economist who studied the phenomenon of an inadequate level of effective demand as the source of business cycle. This is known as his effective demand insufficient theory. In the Great Depression of the early 1930s, unemployment is at its peak and eco......
tags: demand output economy demand economic theory
07/07/2023
1050
Abigail
keynesian revolution
The Cause and Effect of the keynesian Revolution John Maynard keynes’s Monetary Theory of Employment, which was published in 1936, revolutionized economics. keynes sought to address the problems of economic depression, doubts about the effectiveness of government action, and the understanding of......
tags: economic economy keynesian revolution kitts st
07/07/2023
1043
Sophia
keynesian business cycle theory
Introduction The keynesian theory of economic cycles is a theory proposed by British economist John Maynard keynes (1883-1946). keynes is one of the two most influential economists of the 20th century and his theory of economic cycles has been used to explain macroeconomic behavior since the 1920......
tags: effect theory increase economic cycle phase
07/07/2023
1049
Oliver
keynesian Fiscal Policy
keynesian fiscal policy keynesian fiscal policy is an economic theory developed by British economist John Maynard keynes in the 1930s. The theory states that government spending, taxation and the money supply can be used to influence economic activity. In general, keynesian fiscal policy involves......
tags: policy fiscal government economic policy government
07/07/2023
1043
Sophia
keynesian tax thought
keynesian Tax Ideology John Maynard keynes was one of the leading economic theorists of the twentieth century. He developed a set of economic and fiscal policy ideas, known as keynesian economics, that were adopted by many governments after World War II. At the heart of keynesian economics is the......
tags: economic keynesian taxation taxation economic theory
07/07/2023
1044
Sophie
Kondratieff Cycle Theory
Kondratiev-Cycle Theory Kondratiev-Cycle Theory is an economic theory proposed by Nikolai Kondratiev (1892-1938), a Russian economist. The theory hypothesizes that the capitalist economy, while it goes through a series of long-term cycles, has certain tendencies to grow and decline. Essentially,......
tags: theory economic cycles economic growth cycle
07/07/2023
1043
Sophia
Rational Expectations School
Rational Expectations School The Rational Expectations School is a school of thought that influences the way economics are studied today. The school of thought is based on the idea of individual actions being taken in order to maximise their own welfare and based on an accurate knowledge and under......
tags: expectations school future theory expectations rational
07/07/2023
1045
Sophie
endogenous growth theory
内容 The Theory of Endogenous Growth The theory of endogenous growth is a highly influential component of contemporary microeconomics. While much of economics was formerly based upon exogenous growth models,the development of endogenous growth theory has changed the way economists think about long......
tags: growth economic theory growth economic more
07/07/2023
1038
Sophie
commercial bank purchase theory
Commercial Bank Purchasing Theories A commercial bank is one of the most important economic drivers in the global economy. It plays a crucial role in providing financial services to individuals, businesses and other stakeholders. Moreover, commercial banks also help catalyze economic activity by ......
tags: commercial approach bank assets banks purchase
07/07/2023
1048
Bella
Marshall's Equilibrium Theory of Value
John Stuart Mills Theory of Equilibrium Value John Stuart Mill was a British philosopher who, in the 19th century, developed a theory of equilibrium value. This theory was concerned with the balance between an individuals pursuit of his own interests and his respect for the interests of others. M......
tags: individuals equilibrium value economic economics has
06/07/2023
1087
Sophia
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