School of Economics | PG ENTRANCE Classes in Economics
143
archive,tag,tag-pg-entrance-classes-in-economics,tag-143,ajax_fade,page_not_loaded,,qode-title-hidden,qode_grid_1300,qode-content-sidebar-responsive,qode-theme-ver-11.1,qode-theme-bridge,wpb-js-composer js-comp-ver-5.1.1,vc_responsive

Financial Economics - Policy Responses to the Global Financial Crises The credit crunch and the collapse of Lehman led to a steep fall in global real output and an even bigger decline in the volume of world trade. There were well-founded fears that the world economy...

The Multiplier and links to Keynesian Economics The concept of the multiplier process became important in the 1930s when John Maynard Keynes suggested it as a tool to help governments to maintain high levels of employment This “demand-management approach”, designed to help overcome a shortage of capital...