The Keynesian Perspective
Discover the Keynesian perspective on macroeconomics, including concepts such as aggregate demand, consumption and investment expenditure, government spending, net exports, wage and price stickiness, and the Phillips Curve.
Introduction to the Keynesian Perspective
Aggregate Demand in Keynesian Analysis
What Determines Consumption Expenditure?
What Determines Investment Expenditure?
What Determines Government Spending?
What Determines Net Exports?
Key Concepts and Summary
The Building Blocks of Keynesian Analysis
Wage and Price Stickiness
The Two Keynesian Assumptions in the AD/AS Model
The Expenditure Multiplier
Key Concepts and Summary
The Phillips Curve
The Discovery of the Phillips Curve
The Instability of the Phillips Curve
Keynesian Policy For Fighting Unemployment and Inflation
Key Concepts and Summary
The Keynesian Perspective On Market Forces
The Axes of the Expenditure-Output Diagram
Building the Aggregate Expenditure Schedule
Equilibrium in the Keynesian Cross Model
The Multiplier Effect
Key Concepts and Summary