Similarities between General equilibrium theory and Keynesian economics
General equilibrium theory and Keynesian economics have 12 things in common (in Unionpedia): Business cycle, John Maynard Keynes, Macroeconomics, Microeconomics, Microfoundations, Neoclassical economics, New classical macroeconomics, Post-Keynesian economics, Real business-cycle theory, Schools of economic thought, Substitute good, Underconsumption.
Business cycle
The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend.
Business cycle and General equilibrium theory · Business cycle and Keynesian economics ·
John Maynard Keynes
John Maynard Keynes, 1st Baron Keynes (5 June 1883 – 21 April 1946), was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.
General equilibrium theory and John Maynard Keynes · John Maynard Keynes and Keynesian economics ·
Macroeconomics
Macroeconomics (from the Greek prefix makro- meaning "large" and economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole.
General equilibrium theory and Macroeconomics · Keynesian economics and Macroeconomics ·
Microeconomics
Microeconomics (from Greek prefix mikro- meaning "small") is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.
General equilibrium theory and Microeconomics · Keynesian economics and Microeconomics ·
Microfoundations
In economics, the term microfoundations refers to the microeconomic analysis of the behavior of individual agents such as households or firms that underpins a macroeconomic theory (Barro, 1993, Glossary, p. 594).
General equilibrium theory and Microfoundations · Keynesian economics and Microfoundations ·
Neoclassical economics
Neoclassical economics is an approach to economics focusing on the determination of goods, outputs, and income distributions in markets through supply and demand.
General equilibrium theory and Neoclassical economics · Keynesian economics and Neoclassical economics ·
New classical macroeconomics
New classical macroeconomics, sometimes simply called new classical economics, is a school of thought in macroeconomics that builds its analysis entirely on a neoclassical framework.
General equilibrium theory and New classical macroeconomics · Keynesian economics and New classical macroeconomics ·
Post-Keynesian economics
Post-Keynesian economics is a school of economic thought with its origins in The General Theory of John Maynard Keynes, with subsequent development influenced to a large degree by Michał Kalecki, Joan Robinson, Nicholas Kaldor, Sidney Weintraub, Paul Davidson, Piero Sraffa and Jan Kregel.
General equilibrium theory and Post-Keynesian economics · Keynesian economics and Post-Keynesian economics ·
Real business-cycle theory
Real business-cycle theory (RBC theory) is a class of new classical macroeconomics models in which business-cycle fluctuations to a large extent can be accounted for by real (in contrast to nominal) shocks.
General equilibrium theory and Real business-cycle theory · Keynesian economics and Real business-cycle theory ·
Schools of economic thought
In the history of economic thought, a school of economic thought is a group of economic thinkers who share or shared a common perspective on the way economies work.
General equilibrium theory and Schools of economic thought · Keynesian economics and Schools of economic thought ·
Substitute good
A substitute good is one good that can be used instead of another.
General equilibrium theory and Substitute good · Keynesian economics and Substitute good ·
Underconsumption
In underconsumption theory in economics, recessions and stagnation arise due to inadequate consumer demand relative to the amount produced.
General equilibrium theory and Underconsumption · Keynesian economics and Underconsumption ·
The list above answers the following questions
- What General equilibrium theory and Keynesian economics have in common
- What are the similarities between General equilibrium theory and Keynesian economics
General equilibrium theory and Keynesian economics Comparison
General equilibrium theory has 106 relations, while Keynesian economics has 150. As they have in common 12, the Jaccard index is 4.69% = 12 / (106 + 150).
References
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