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In contrast with classical economics keynesian economics does what?
In contrast with Classical economics, Keynesian economics takes a broader view of the economy
In contrast with classical economics, Keynesian economics _____.?
takes a broader view of the economy
In economics what is classical dichotomy?
It is a concept in classical economics, that monetary forces could influence the general price level but had no effect on real activity
Definition of cardinal approach theory in economics?
this approch is also known as uttility approch or classical approch because it was very presented by the classical or orthodox economics
What are the characteristics of classical economics?
the law of suply and demand
In contrast with classical economics keynesian economics does what?
In contrast with Classical economics, Keynesian economics takes a broader view of the economy
In contrast with classical economics Keynesian economics .?
takes a broader view of the economy
In contrast with classical economics, Keynesian economics _____.?
takes a broader view of the economy
In economics what is classical dichotomy?
It is a concept in classical economics, that monetary forces could influence the general price level but had no effect on real activity
Definition of cardinal approach in economics?
this approch is also known as uttility approch or classical approch because it was very presented by the classical or orthodox Economics
What is the similarities between classical and Keynesian school of thoughts in economics?
Keynesians say that government should interven in economic activities where as classical say not too
Definition of cardinal approach theory in economics?
this approch is also known as uttility approch or classical approch because it was very presented by the classical or orthodox economics
What are the characteristics of classical economics?
the law of suply and demand
Main difference between classical macro-economics and neo-classical thoughts?
what is diff b/w the classical economist and keynes economist
What has the author Gilles Campagnolo written?
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
Who was the author of the classical theory?
The classical theory in economics was developed by Adam Smith, often considered the "Father of Economics," in his seminal work "The Wealth of Nations" published in 1776. Smith's ideas form the foundation of classical economics and focused on the concepts of free markets, self-interest, and the invisible hand guiding market outcomes.
What schools of thought most favors free markets and free trade?
Keynesian economics Classical economics Mercantilism Nationalism
