Theories Of Alfred Marshall and John Maynard Keynes Research Paper by The Research Group

Theories Of Alfred Marshall and John Maynard Keynes
Examines Marshall's contributions to Keynesian theory including the concept of expectations, monetary theory, quantity of money, liquidity preference. Discusses the impact of theories of Adam Smith, David Ricardo, John Stuart Mill and others.
# 14969 | 8,100 words | 32 sources | 1999 | US
Published on Jul 13, 2003 in Economics (Macro)


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Description:

The purpose of this research to consider the Marshallian contribution to the Keynesian argument. These contributions are related primarily to the concept of expectations, and to monetary theory. With respect to monetary theory, the emphasis in this research is on quantity of money and liquidity preference.

From the Paper:

"THE MARSHALLIAN CONTRIBUTION TO THE KEYNESIAN ARGUMENT

Introduction
The purpose of this research to consider the Marshallian contribution to the Keynesian argument. These contributions are related primarily to the concept of expectations, and to monetary theory. With respect to monetary theory, the emphasis in this research is on quantity of money and liquidity preference.

Background
The Great Depression of the 1930s ushered in unemployment levels of 25 percent and higher in the United States and other industrial economies, and prevailing economic models appeared to be incapable of explaining economic developments (Eisner, 1994, pp. 211-229). It was into this economic morass that John ..."

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APA Format

Theories Of Alfred Marshall and John Maynard Keynes (2003, July 13) Retrieved June 18, 2019, from https://www.academon.com/research-paper/theories-of-alfred-marshall-and-john-maynard-keynes-14969/

MLA Format

"Theories Of Alfred Marshall and John Maynard Keynes" 13 July 2003. Web. 18 June. 2019. <https://www.academon.com/research-paper/theories-of-alfred-marshall-and-john-maynard-keynes-14969/>

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