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Keynesian economics
(redirected from Demand side economics)

    Also found in: Financial, Wikipedia 0.03 sec.

Keynesian economics

The economic theory of English economist John Maynard Keynes, which argues that a fall in national income, lack of demand for goods, and rising unemployment should be countered by increased government expenditure to stimulate the economy. It is opposed by monetarists (see monetarism).



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