,Study Notes Theory, Money & Monetary Policy
Covers
Classical & Neo-Classical
Keynesian vs Classical
Monetarism
Economic Growth & GDP
Unemployment
Inflation & CPI
Money, Banking & the SARB
Monetary
Policy
Transmission
, The founding thinkers of economics writing before governments actively managed
economies believed markets left alone would organise themselves.
Jean-
Adam Thomas David John Karl
Baptiste
Smith Malthus Ricardo Stuart Marx
Mill Say
Laid the Population Comparativ Refined SAY'S LAW Business
foundation grows e advantage: how supply "Producing owners
of modern exponentiall countries and goods creates profit by
economics: y while food win at trade demand the income underpayin
self-interest supply by focusing interact to used to buy g workers
on what other goods"
and free cannot keep set prices, for their
they're
markets pace driving and meaning labour
relatively
naturally humanity popularise widespread under
best at
drive toward d the economic capitalism.
producing
prosperity, poverty, wages-fund overproductio Eventually,
without famine, and Theory of doctrine n is impossible. frustrated
needing low living rent: land the idea workers
government standards. values rise that revolt, seize
intervention simply worker pay the
. because depends on factories,
good land
a fixed pool and share
becomes
of capital the wealth
scarce
employers under
set aside. socialism.
Covers
Classical & Neo-Classical
Keynesian vs Classical
Monetarism
Economic Growth & GDP
Unemployment
Inflation & CPI
Money, Banking & the SARB
Monetary
Policy
Transmission
, The founding thinkers of economics writing before governments actively managed
economies believed markets left alone would organise themselves.
Jean-
Adam Thomas David John Karl
Baptiste
Smith Malthus Ricardo Stuart Marx
Mill Say
Laid the Population Comparativ Refined SAY'S LAW Business
foundation grows e advantage: how supply "Producing owners
of modern exponentiall countries and goods creates profit by
economics: y while food win at trade demand the income underpayin
self-interest supply by focusing interact to used to buy g workers
on what other goods"
and free cannot keep set prices, for their
they're
markets pace driving and meaning labour
relatively
naturally humanity popularise widespread under
best at
drive toward d the economic capitalism.
producing
prosperity, poverty, wages-fund overproductio Eventually,
without famine, and Theory of doctrine n is impossible. frustrated
needing low living rent: land the idea workers
government standards. values rise that revolt, seize
intervention simply worker pay the
. because depends on factories,
good land
a fixed pool and share
becomes
of capital the wealth
scarce
employers under
set aside. socialism.
