Question

Why macroecpnomic other name is income and employement theory?

Answer 1

Income and employment theory, a body of economic analysis concerned with the relative levels of output, employment, and prices in an economy. ... John Maynard Keynes offered new thinking on income and employment theory with the publication of General Theory of Employment, Interest and Money (1936).

Answer 2

Answer:

The modern theory of income and employment, for which we may thank the genius ... On the other hand, Keynes and his followers argued that a state of ..... Ackley, Gardner 1961 Macroeconomic Theory.