When were Keynesian economics developed?

Answer John Maynard Keynes, a British economist, introduced Keynesian economic theory in 1936 as a response to the Great Depression. Classical economic theory argued that the market system was inherently ... Read More »

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Who coined the words"Keynesian economics"?

The term, Keynesian economics, was coined by John Maynard Keynes and his followers. John Maynard Keynes released "General Theory of Employment, Interest, and Money," which outlined the principles o... Read More »

Contractor did work then additional work.ruined original work.had to be redone by another contractor at considerable more insurance says nocoverage on his own work- can this be tru?

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How to Take AP Economics?

Advanced Placement courses are more challenging than regular classes, and AP Economics is no exception. The course will test your ability to research and remember important data, provide you with a... Read More »

What does monetary mean in economics?

In economics, the term monetary refers to anything having to do with money. Used as a modifier, for example, a central bank puts forth a monetary policy to stabilize currency by controlling interes... Read More »