CHAPTER 1 -
INTRODUCTION
GHeat DepHession Poiod
This aise in uSA:
This depHession poiod aiAe in 1930&.
This auise due t0 Law aggHeqale denand
It was solved by PrO Tehn MaynaHd Keyhes.
Lw AD Law invstment
unemplayment aiay
Rise i declining GDP e LOw income
boxotcuingq
* MacHOUONomçcs
-’ It
It iu a bHanch o economies which AQlwe. pHeblem
whole comomt (mçxed ecomomy).
wOHd Mao i deived om the Geek word
Makos which means A HQe:
’ ALt Onate name is inwme o empleument theouy.
Atenate
Fathe c mauoDnomis u Tohn Haynad Keunes.
Inabuments ane agqHeqate demand and
aqgueqate ALpply
Equilibium is qenonal equilbuium
In mastoeconmiA all he mieo vauicbles
ae constant
INTRODUCTION
GHeat DepHession Poiod
This aise in uSA:
This depHession poiod aiAe in 1930&.
This auise due t0 Law aggHeqale denand
It was solved by PrO Tehn MaynaHd Keyhes.
Lw AD Law invstment
unemplayment aiay
Rise i declining GDP e LOw income
boxotcuingq
* MacHOUONomçcs
-’ It
It iu a bHanch o economies which AQlwe. pHeblem
whole comomt (mçxed ecomomy).
wOHd Mao i deived om the Geek word
Makos which means A HQe:
’ ALt Onate name is inwme o empleument theouy.
Atenate
Fathe c mauoDnomis u Tohn Haynad Keunes.
Inabuments ane agqHeqate demand and
aqgueqate ALpply
Equilibium is qenonal equilbuium
In mastoeconmiA all he mieo vauicbles
ae constant
