In contrast with Classical economics, Keynesian economics takes a broader view of the economy
economics
takes a broader view of the economy
takes a broader view of the economy
It is a concept in classical economics, that monetary forces could influence the general price level but had no effect on real activity
this approch is also known as uttility approch or classical approch because it was very presented by the classical or orthodox Economics
Keynesians say that government should interven in economic activities where as classical say not too
this approch is also known as uttility approch or classical approch because it was very presented by the classical or orthodox economics
the law of suply and demand
Micheal Jackson
what is diff b/w the classical economist and keynes economist
Gilles Campagnolo has written: 'Criticisms of classical political economy' -- subject(s): Classical school of economics 'Existe-t-il une doctrine Menger?' -- subject(s): Economics, Austrian school of economics