X. Keynesian model of a closed economy. John Maynard Keynes 1883-1946 Cambridge, UK Thinker – economics, logic, probability Practitioner – Treasury during.
VII Keynesian revolution - theory. Remark Lectures VII and VIII – closed economy only But see Lectures XI and XII.
Real Business Cycles Supply Side Economics. The Real Economy Neoclassical (Supply Side) Economics suggests that business cycles are the result of random.
