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Economics Dictionary of Arguments

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Macroeconomics: Macroeconomics is the study of the economy as a whole, focusing on factors like inflation, unemployment, economic growth, and government policies' impact on them. It examines how households, businesses, and governments interact to shape the broader economic environment. See also Economy, Inflation, Economic growth.
Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

Author Concept Summary/Quotes Sources

John Maynard Keynes on Macroeconomics - Dictionary of Arguments

Mause I 55f
Macroeconomics/Keynes: John M. Keynes (1883-1946) initiated with his "General Theory" (Keynes 1936)(1) the revival of macroeconomics. He emphasized the importance of demand for economic development: in particular, shortfalls in demand could lead to economic crises and permanent underemployment, as price rigidities affect the markets' ability to regulate themselves and can prevent the creation of a full employment equilibrium.(1)
>Neoclassical Economics/Keynes.

1. Cf. J. M. Keynes, The general theory of employment, interest and money. London 1936.

Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

EconKeyn I
John Maynard Keynes
The Economic Consequences of the Peace New York 1920

Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018

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