Search for tag: "keynes"

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The Basics of Aggregate Demand Management duration 15 minutes 33 seconds The Basics of Aggregate Demand Management The Basics of Aggregate Demand Management	The Basics of Aggregate Demand Management This chapter talks about the role of government induced tools, such as actions by the central bank or actions in budget spending and tax decisions, towards a stabilization policy. Stabilization… economics +8 More From SDG Academy 62 plays
Output Determination in the IS-LM Model duration 17 minutes 25 seconds Output Determination in the IS-LM Model Output Determination in the IS-LM Model	Output Determination in the IS-LM Model This chapter explains the IS-LM model of John Hicks to understand aggregate demand management. Assuming that wages are sticky and that the price that the business charges is a fixed markup over the… economics +9 More From SDG Academy 46 plays
Partial-Employment Economy duration 17 minutes 37 seconds Partial-Employment Economy Partial-Employment Economy	Partial-Employment Economy In this chapter, Professor Sachs discusses an economy that is not fully employed, or an economy that is in an economic recession or depression. He explains the factors that are responsible for… economics +9 More From SDG Academy 34 plays
Macroeconomic Pathologies duration 13 minutes 52 seconds Macroeconomic Pathologies Macroeconomic Pathologies	Macroeconomic Pathologies In this chapter, Professor Sachs compares a macroeconomy to a human body, addresses what pathologies could afflict a macroeconomy, as well as addresses what a healthy economy looks like. A healthy… economics +9 More From SDG Academy 49 plays