Liberty Classroom » John Maynard Keynes: His System and Its Fallacies - Liberty Classroom

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Course Content

A Few Fundamental Economic Concepts

The Production Structure and the Order of Goods

The Calculation of GDP: The Income Method (Part 1)

The Calculation of GDP: The Income Method (Part 2)

The Calculation of GDP: The Expenditure and Output Methods

Inventories and the Measurement of GDP

The Conceptual Foundations of GDP Measurement

The Calculation of GDP with Durable Capital Goods

Depreciation and GDP

Nominal and Real GDP

The Circular Flow of Income and Expenditure: An Introduction

The Circular Flow with Durable Capital Goods

The Circular Flow with Inventories

Equilibrium and Disequilibrium Levels of GDP: An Introduction

Equilibrium and Disequilibrium Levels of GDP: Further Explorations

Price Rigidity, Price Flexibility and Equilibrium GDP

Keynes’ Theory of Consumption Expenditure: The Fundamental Principles

Keynes’ Theory of Consumption Expenditure: Implications for Equilibrium GDP

Consumption Expenditure and Equilibrium GDP with Durable Capital Goods

The Determinants of Investment Expenditure (Part 1)

The Determinants of Investment Expenditure (Part 2)

Aggregate Investment Expenditure and the Rate of Interest

Expectations and Investment Expenditure

The Demand for Money: An Introduction

The Speculative Demand for Money

Interest Rate Determination and the Level of Employment

Unemployment in the Keynesian System

The Keynesian Multiplier and Monetary and Fiscal Stimulus

Consumption Expenditure and Savings in the Keynesian System

The Role of Time in Production and the Maintenance of Capital: The Austrian Perspective

The Keynesian Denigration of Savings: A Critique (Part 1)

The Keynesian Denigration of Savings: A Critique (Part 2)

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32 Lessons