Download or read book Aggregate Supply and Expected Demand Analysis in Keynes General Theory written by and published by . This book was released on 1983 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Aggregate Supply and Expected Demand Analysis in Keynes General Theory an Assay on the Micro foundations written by Carlo Casarosa and published by . This book was released on 1982* with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Keynes s General Theory and Accumulation written by Athanasios Asimakopulos and published by Cambridge University Press. This book was released on 1991-06-28 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes Keynes's writing on his General Theory accessible to students by presenting this theory in a careful, consistent manner that is faithful to the original. Keynes's theory continues to be important, because the issues it raised, such as the problems of involuntary unemployment, the volatility of investment, and the complexity of monetary arrangements in modern capitalist economies, are still with us. Keynes's method of analysis, which tries to allow for the complications of dealing with historical time, deserves the careful attention given in this book. Keynes's formal analysis dealt only with a short period of time during which changes in productive capacity as a result of net investment were small relative to initial productive capacity. Roy Harrod and Joan Robinson were the two most prominent followers of Keynes who attempted to extend his analysis to the long period by allowing for the effects of investment on productive capacity as well as on effective demand. The careful examination of their writings on this topic is a natural complement to the presentation of Keynes's General Theory and makes clear the severe limitations on any use of equilibrium concepts in dealing with accumulation in models that try to observe Keynes's warnings about an unknowable future in the type of world we inhabit.
Download or read book Equilibrium Expectations And Information written by Christopher Torr and published by Routledge. This book was released on 2019-03-06 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book attempts to elucidate the views of Keynes's General Theory as far as equilibrium, expectations and information are concerned, and compares them with those of modern classical economists of the Chicago and Ricardian persuasion.
Download or read book The General Theory of Employment Interest and Money written by John Maynard Keynes and published by . This book was released on 1989 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Understanding Keynes written by John Fender and published by Brighton, Sussex : Wheatsheaf Books. This book was released on 1981 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The General Theory of Employment Interest and Money written by John Maynard Keynes and published by Springer. This book was released on 2018-07-20 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.
Download or read book A second Edition of The General Theory written by Geoffrey Colin Harcourt and published by Psychology Press. This book was released on 1997 with total page 838 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The General Theory written by Professor Geoffrey Harcourt and published by Routledge. This book was released on 2006-08-23 with total page 558 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keynes always intended to write 'footnotes' to his masterwork The General Theory, which would take account of the criticisms made of it and allow him to develop and refine his ideas further. However, a number of factors combined to prevent him from doing so before his death in 1946. A wide range of Keynes scholars - including James Tobin, Paul Davidson and Lord Skidelsky - have written here the 'footnotes' that Keynes never did.
Download or read book The Use and Abuse of Aggregate Demand and Supply Functions written by John Warwick Nevile and published by . This book was released on 1991 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Keynes General Theory written by Thomas Cate and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume, a collection of essays by internationally known experts in the area of the history of economic thought and of the economics of Keynes and macroeconomics in particular, is designed to celebrate the 75th anniversary of the publication of The General Theory. The essays contained in this volume are divided into four sections. The first section contains three essays that explore the concept of fundamental uncertainty and its unique role in The General Theory. The second section contains five essays that examine the place of The General Theory in the history of macroeconomics since 1936. The third section contains three essays that explore the interrelationships among Keynes, Friedman, Kaldor, Marx and Sraffa and their approaches to macroeconomic theory and policy. The final section contains four essays that provide several new interpretations of The General Theory and its position within macroeconomics. Keynes's General Theory is intended for those students and scholars who are interested in the economics of Keynes and the rich variety of approaches to macroeconomic theory and policy.
Download or read book Keynes Cambridge and the General Theory written by J. Clark Leith and published by Springer. This book was released on 1977-12-15 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book J M Keynes s Aggregate Supply Function Z is Simply Pigou s Aggregate Supply Function with Price and Profit Expectations Substituted for Realized Prices and Actual Economic Profit written by Michael Emmett Brady and published by . This book was released on 2018 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: In September, 1933, Pigou's The Theory of Unemployment appeared. After reading it, Keynes decided that he would not continue to use his own original, simultaneous, four equation, IS-LM model because he could not satisfactorily integrate price and profit expectations into the IS portion of the model. Keynes's model of an Aggregate Demand Function, D, and an Aggregate Supply Function, Z, is a generalized version of Pigou's very similar aggregated Real Demand function as a whole analysis in The Theory of Unemployment. Keynes improved on the mathematical modeling by explicitly integrating expected profits and expected prices into D and Z. Integrating expectations led to multiple D-Z combinations that represent multiple equilibria. The locus of all such multiple equilibria forms the major theoretical breakthrough of the General Theory, Keynes's Aggregate Supply Curve. Pigou had no Aggregate Supply Curve since he had only one D curve intersecting with one Z curve. Unemployment for Pigou had to be a disequilibrium while for Keynes it was an equilibrium.Pigou's contributions to Keynes's General Theory have not been sufficiently recognized except for contributions by Brady (1994) in the 20th century and by Arthmar and Brady (2009) in the 21st century.Both Keynes and Pigou made a very simple adjustment to the standard Profit =TR-TC model. That simple and straightforward adjustment was to add TC to Profit. Since TC equals TVC in the short run when the capital stock is held fixed, the aggregate supply function or price is TC plus Profit=TR. Letting P= profit, wN equaling TVC, and pO equaling TR, one ends up with the aggregate supply function, Z, equals wN plus P. The aggregate demand function is pO equals D. Therefore, D=Z states that pO=wN plus P. Keynes's innovation was to reinterpret p to be an expected price and P to be an expected profit. This allowed him to construct an ASC curve of multiple equilibria, only one of which is full employment.This simple conclusion has still not been grasped by the editors, associate editors, and referees of the Cambridge Journal of Economics as well as many others.
Download or read book Keynes and Marx written by Bill Dunn and published by Manchester University Press. This book was released on 2021-07-06 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keynes was an elitist and pro-capitalist economist, whom the left should embrace with caution. But his analysis provides a concreteness missing from Marx and engages with critical issues of the modern world that Marx could not have foreseen. This book argues that a critical Marxist engagement can simultaneously increase the power of Keynes’s insight and enrich Marxism. To understand Keynes, whose work is liberally invoked but seldom read, Dunn explores him in the context of the extraordinary times in which he lived, his philosophy, and his politics. By offering a detailed overview of Keynes’s critique of mainstream economics and General Theory, Dunn argues that Keynes provides an enduringly valuable critique of orthodoxy. The book develops a Marxist appropriation of Keynes’s insights, arguing that a Marxist analysis of unemployment, capital and the role of the state can be enriched through such a critical engagement. The point is to change the world, not just to understand it. Thus the book considers the prospects of returning to Keynes, critically reviewing the practices that have come to be known as ‘Keynesianism’ and the limits of the theoretical traditions that have made claim to his legacy.
Download or read book The Failure of the New Economics written by Henry Hazlitt and published by Ludwig von Mises Institute. This book was released on 1959 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Aggregate Demand written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-04-05 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Aggregate Demand In economics, aggregate demand (AD) or domestic final demand (DFD) is the total demand for final goods and services in an economy at a given time. It is often called effective demand, though at other times this term is distinguished. This is the demand for the gross domestic product of a country. It specifies the amount of goods and services that will be purchased at all possible price levels. Consumer spending, investment, corporate and government expenditure, and net exports make up the aggregate demand. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Aggregate demand Chapter 2: Keynesian economics Chapter 3: Macroeconomics Chapter 4: IS-LM model Chapter 5: New Keynesian economics Chapter 6: Fiscal policy Chapter 7: Fiscal multiplier Chapter 8: Deficit spending Chapter 9: The General Theory of Employment, Interest and Money Chapter 10: Consumption (economics) Chapter 11: Accelerator effect Chapter 12: Crowding out (economics) Chapter 13: Pigou effect Chapter 14: Balanced budget Chapter 15: Mundell-Fleming model Chapter 16: Multiplier (economics) Chapter 17: AD-AS model Chapter 18: Keynesian cross Chapter 19: Demand-led growth Chapter 20: Aggregate supply Chapter 21: Crowding-in effect (II) Answering the public top questions about aggregate demand. (III) Real world examples for the usage of aggregate demand in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Aggregate Demand.
Download or read book Supply and Demand written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-04-15 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Supply and Demand In microeconomics, supply and demand is an economic model of price determination in a market. It postulates that, holding all else equal, in a competitive market, the unit price for a particular good or other traded item such as labor or liquid financial assets, will vary until it settles at a point where the quantity demanded will equal the quantity supplied, resulting in an economic equilibrium for price and quantity transacted. The concept of supply and demand forms the theoretical basis of modern economics. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Supply and demand Chapter 2: Microeconomics Chapter 3: Macroeconomics Chapter 4: Perfect competition Chapter 5: General equilibrium theory Chapter 6: Economic surplus Chapter 7: IS-LM model Chapter 8: Supply-side economics Chapter 9: Elasticity (economics) Chapter 10: Economic equilibrium Chapter 11: Aggregate demand Chapter 12: Effective demand Chapter 13: Demand curve Chapter 14: Tax incidence Chapter 15: Long run and short run Chapter 16: Demand Chapter 17: Supply (economics) Chapter 18: Neoclassical synthesis Chapter 19: AD-AS model Chapter 20: History of macroeconomic thought Chapter 21: Sustainable development (II) Answering the public top questions about supply and demand. (III) Real world examples for the usage of supply and demand in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Supply and Demand.
