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Q: What are the major innovations of keynes into macroeconomics?
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Who is the father of macroeconomics?

John Maynard Keynes


Sino si john maynard keynes?

John Maynard Keynes is popularly known as the founding father of modern day macroeconomics and also called as "Keynesian Theory". Keynes was one of the known economists of his days.


In his book The General Theory of Employment Interest and Money what was Keynes credited with?

creating and shaping modern macroeconomics


According to the Keynes how can the imbalance between microeconomics and macroeconomics be corrected?

through government involvement in banking and fiscal policies


How did Keynes change the focus from microeconomics to macroeconomics?

It is not that Keynes directly the amount of attention given to microeconomics, rather his work and modelling was about macroeconomic matters, and since these are more profound, it was natural for many economists to concentrate on these issues.


What is the difference between microeconmics and macroeconomics?

Microeconomics and macroeconomics are two major and are general fields of economics.


What has the author Martin Neil Baily written?

Martin Neil Baily has written: 'MOVING MONEY' 'Macroeconomics, financial markets, and the international sector' -- subject(s): Macroeconomics, International finance, International trade 'Growth with equity' -- subject(s): Economic aspects, Economic aspects of Technological innovations, Economic conditions, Economic policy, Income distribution, Investments, Labor supply, Technological innovations 'Macroeconomics, financial markets, andthe international sector' -- subject(s): Macroeconomics, International finance, International trade


Which are the two major fields of economic study?

The two major fields of economic study are macroeconomics and microeconomics. Macroeconomics deals with the large scale economic factors while microeconomics deals wit single factors of personal decisions.


What are the 2 major divisions of economics?

The two major divisions of economics are microeconomics and macroeconomics. Microeconomics refers to economics on an individual scale, such as a home or business. Macroeconomics refers to economics on a much larger scale, such as a region, nation, or even the entire world, depending on which you want to study.


What level does macroeconomics focus on?

Which level does macroeconomics focus on?


What has the author Amitava Krishna Dutt written?

Amitava Krishna Dutt has written: 'Keynes's third alternative?' -- subject(s): Keynesian economics 'Growth, distribution, and uneven development' -- subject(s): Economic aspects, Economic aspects of Technological innovations, Economic development, Resource allocation, Technological innovations


How old is Melany Mulligan?

6,324 years old and is a major Jonas brothers fan. and skandar keynes.