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 ...

Keynesian economics is a theory whose premise is that aggregate demand is a primary driver of the economy and employment. Keynesian economics is an economic theory, and the basic premise is that ...

Just how important is money? Few would deny that it plays a key role in the economy.­ During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...

will choose the one presented in terms of potential gains. Prospect theory is also known as loss aversion theory. Prospect theory is part of behavioral economics, suggesting investors choose ...

The course examines the ways in which economics has developed from the Mercantilists of the 17th century to the Neoclassical thinking of the later 20th century. The course will explore how the ...

During the latter half of the 19th century, economic theories from 18th and 19th centuries were empirically tested using mathematical tools. Most of these theories used quantitative methods of ...

To understand how economic factors impact your organization, start with this careful look at fundamental microeconomic and macroeconomic theory. Learn key aspects of economics, such as how people make ...

The PhD in Economics degree program provides a cutting-edge education in economic theories and the development of a rigorous toolkit of mathematical and econometric techniques. Students also gain ...

Two Americans won the Nobel Prize in Economics on Monday for their work suggesting robust, long-term economic growth can go hand in hand with a healthier, happier planet — if the rules of ...

But it might take a few years,” says Timothy Taylor, managing editor of the Journal of Economic Perspectives based in St. Paul, Minnesota, and author of the textbook “Principles of Economics ...

but with a much stronger foundation in economic theory and applied economics. You’ll be able to explore international trade and finance, economic development, money and banking, or environmental ...