Keynesian economics (also called Keynesian theory) are the group of macroeconomic schools of thought based on the ideas of 20th-century economist John Maynard Keynes. Keynesian economists believe that aggregate demand (total spending in the economy) does not necessarily equal aggregate supply (the total productive capacity of the economy). Instead it is influenced by a host of factors and sometimes behaves erratically, affecting production, employment and inflation.
In this free online course you will learn how neoclassical economics defines rational and irrational human behaviour and how behavioural finance questions these definitions. This course will be of great interest to professionals in the areas of economics, finance and psychology who would like to learn more about behavioural finance and how it is developing a new understanding of modern economics and finance. #freelearning #economics #ALISON
What Is Neoclassical Economics?: Debating the Origins, Meaning and Significance (Paperback)