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Keynesian economics is a macroeconomic theory of total spending in the economy and how it affects output, employment, and inflation. It was developed by British economist John Maynard Keynes ...
Emphasises two main points: (1) Marx’s theory is primarily a macroeconomic theory of the total surplus-value produced in the economy as a whole; (2) Marx’s theory is a monetary theory from beginning ...
Keynesian theory’s popularity waned then because it had no appropriate ... his diagnosis of recessions and depressions remains the foundation of modern macroeconomics. Keynes wrote, ‘Practical men, ...
Investopedia / Ellen Lindner The supply-side theory is a macroeconomic concept that contends that increases in the supply of goods lead to economic growth. The supply-side theory has been applied ...
I will make updates to these as I do the lectures, so don't bother to print anything until it has been given as a lecture. They have some mistakes, which I usually correct while giving the lecture.
The introductory courses are surveys of economic problems, policies, and theory; and the required courses in micro theory and macro theory give a deeper analytical foundation. Electives permit further ...