Keynesianism: Difference between revisions
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A school of economic thought, developed by John Maynard Keynes, which takes the view that active fiscal policy and, to a lesser extent, monetary policy, should be used to stimulate aggregate demand and move the economy to full employment equilibrium. | A school of economic thought, developed by John Maynard Keynes, which takes the view that active fiscal policy and, to a lesser extent, monetary policy, should be used to stimulate aggregate demand and move the economy to full employment equilibrium. | ||
== See also == | == See also == | ||
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* [[Fiscal policy]] | * [[Fiscal policy]] | ||
* [[Monetary policy]] | * [[Monetary policy]] | ||
Revision as of 10:45, 22 June 2016
A school of economic thought, developed by John Maynard Keynes, which takes the view that active fiscal policy and, to a lesser extent, monetary policy, should be used to stimulate aggregate demand and move the economy to full employment equilibrium.
