Who coined the words"Keynesian economics"?

Answer 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 »

Top Q&A For: Who coined the words"Keynesian economics"

When were Keynesian economics developed?

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 »

What does MPC stand for in economics?

In economics, MPC stands for marginal propensity to consume, according to Investopedia. MPC refers to how much a person saves compared to what he spends after getting a raise. If you spend $300 of ... Read More »

How long does a Ph.D. in economics take?

Earning a Ph.D. in economics typically takes four to six years, depending on the program and how quickly the individual completes her dissertation. A 2000 study produced by the Williams Project on ... Read More »

How long does it take to get a Ph.D. in economics?

Earning a Ph.D. in economics usually takes five to six years. Attending courses and writing exams round out the first two years. Researching and writing a doctoral thesis will take two to three yea... Read More »