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What are the main points of Keynesian Economics?

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What are the main points of Keynesian Economics?

Economics:

Economics studies the economy which comprises of economic agents and variables. Over the years, economists have tried to define its scope according to their own interpretations of the subject.

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John Maynard Keynes was a British economist who propagated his ideas and theories about economics widely. After the Great Depression in the 1930s,...

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Keynesian vs. Classical Economic Model | Overview & Differences

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Chapter 7 / Lesson 1
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Learn about the Classical Model and the Keynesian Model of the economy. Study Classical economics versus Keynesian economics and understand their differences.


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