Equilibrium in macroeconomics (keynesian perspective)

IB Economics: Equilibrium in macroeconomics (keynesian perspective)

This lesson looks at the macroeconomic equilibrium from a keynesian perspective. Start this lesson off with a simple survey, do your IB students support a keynesian or neoclassical view of economics. In other words during a period of recession do they believe that the government should intervene to stimulate the economy or do they believe that the economy will naturally correct itself, without government interference.

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