I heard some people taled about classical economics, neo-classical, etc. What are the differences, and any other 'economics'? Thanks.
w*u
2 楼
I only heard of classical, 凯恩思(not sure about the spelling) , and modern. One differece between classical and Kenian is: classical believes in a downward economy(demand is weak), price of resources and labor will drop and the whole economy will achieve a new equilibrium rather fast. 凯恩思 says in a downward economy price of labor is rather inelastic and fails to drop quickly, which cause the price level of product won't drop to the level to achieve naturl production rate. He used this idea to expl
【在 d*o 的大作中提到】 : I heard some people taled about classical economics, neo-classical, etc. : What are the differences, and any other 'economics'? : Thanks.
o*a
3 楼
Keynes John Maynard British economist who proposed that high unemployment, being a result of insufficient consumer spending, could be relieved by government-sponsored programs. He also advocated deficit spending by governments to stimulate ecomomic activity.
【在 w******u 的大作中提到】 : I only heard of classical, 凯恩思(not sure about the : spelling) , : and modern. One differece between classical and Kenian is: : classical believes in a downward economy(demand : is weak), price of resources and labor will drop and the : whole : economy will achieve : a new equilibrium rather fast. 凯恩思 says in a downward : economy : price of labor is rather inelastic and fails to drop