The general theory of macroeconomic policies also has a profound impact

The general theory of macroeconomic policies also has a profound impact, whether good or bad, this undoubtedly. In the model, "Keynesian economic" like a rolling in the sea of rudder boat, if RenJiZiRan, it will hit the rocks in the depression. Vibram

This theory will contain state interventionism. Keynesian economists to conquer, make they conceive countries in the world economy in different functions, namely government has a responsibility to promote full employment. In this respect, Keynes's major contribution in real, make us from the danger of ignorance, Coach 

how should we have the management idea, by the economic power will no longer allowed. Can say, in contemporary China, demand management occupied government macroeconomic management center, monetary and fiscal policy to adjust overall demand for the inevitable direction, this is the key for the adoption and spirit of Keynesian theory. In the Keynesian theory is under the influence of the policy orientation, Coach Wallets governments and fundamentally different occurred before the change that the government's decision has never had a rational and objective, also make macroeconomics as an independent discipline and to save on and development. Can say, the era of Keynesian economics has ended. But it means the influence of Keynesian economics. Kay: the general theory of the basic train of thought and spirit has changed indelible economists way of thinking. Even its critics, Keynes's use of the term is Keynes and analysis method. For example, this is Mr Friedman, Coach Handbags in the eyes of the people, Keynes first assertion: "all of us is a Keynesian." From the example, Milton friedman was a "Keynes pie, but doesn't like people often says he is" the Keynesian school " Coach Purses  , because he unreservedly by Keynes worldview meet on the economics: Mr Friedman completely demand, pure economics versus as a unit, and the research that the government can through the money supply to control economy.

2 the development of microeconomics

"Keynesian revolution",Vibram Five Fingers although fundamentally changed economists to macro economic way of thinking, but it does not deny the core of classical economics -- micro theory. However, even if the basic theories of microeconomics did not like the Marshall xuan said that solid, no development.

The strict proof for general equilibrium

Microeconomics a core proposition, reebok namely: personal pursuit of self-interest maximization behavior by an invisible hand to lead and unconscious of the most conducive to the interests of the society. Walrasian first tried to mathematical form expression that once formed, this cult proposition of general equilibrium, His first child pareto also introduced a test of whether the optimal marking. But in them, a sort of individuals maximizing behavior is balanced, reebok shoes  a logical result. Until this century 30's, pareto optimality, even the possibility of the possibility of a general equilibrium, have not been strict proof. If no one argument to support in all of the market economy in at least one equilibrium price, then walrasian theory has. moncler 

After hicks "value and capital (1939) for general equilibrium theory, into the new vitality to the development road of enrichment. In his on un-differential curve method for consumers and producers of maximizing behavior made clear unified explanation on the basis of walrasian system for all excess demand is equal to zero, the relative prices and mainly discusses whether the general equilibrium stable problem. After Samuel Johnson, 1947) with more strict (mathematical form further discussions and balanced stable condition. But Tom hicks and Samuel Johnson is basically study general equilibrium system operation rule, but not want to prove the general equilibrium equations are solution (i.e. existence). moncler jackets