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This video compares and contrast the Classical and Keynesian schools of thought. It discusses the difference and similarities among these two schools of thoughts.
The topic covers in this video are:
What is Classical Economics?
What is Keynesian Economics?
Differences between Classical and Keynesian Economics
1. Government Role:
2. Full Employment Level
3. Micro and Macro Econ
4. Wage Cut
5. Interest Rates
7. Theory of Money and Output
8. Finance and Budget
9. Money Supply
Similarities between Classical and Keynesian Economics
1. Savings
2. Money Demand
3. Capitalist Economy
4. Effects of Technology in Job creation.
𝗙𝗼𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 / 𝗣𝗿𝗼𝗺𝗼𝘁𝗶𝗼𝗻𝘀 𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗤𝘂𝗲𝗿𝗶𝗲𝘀 Contact 𝗮𝘁: mgtclasses2018@gmail.com
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