Reviewed by Charles PottersFact checked by Michael LoganReviewed by Charles PottersFact checked by Michael Logan Economics is divided into two categories: microeconomics and macroeconomics.

Keynesian economics is a theory whose premise is that aggregate demand is a primary driver of the economy and employment. Keynesian economics is an economic theory, and the basic premise is that ...

This puts the task of increasing output on the shoulders of the government. According to Keynesian economics, state intervention is necessary to moderate the booms and busts in economic activity, ...

She has 15+ years of experience as a financial writer and technical analyst. Economics is a field that exists between scientific objectivity and subjective interpretation. Suppose a policymaker is ...