The General Theory of Employment, Interest, and Money

The General Theory of Employment, Interest, and Money

Table of Contents

Order ID# 45178248544XXTG457	Plagiarism Level: 0-0.5%	Writer Classification: PhD competent
Style: APA/MLA/Harvard/Chicago	Delivery: Minimum 3 Hours	Revision: Permitted
Sources: 4-6	Course Level: Masters/University College	Guarantee Status: 96-99%

Instructions

The General Theory of Employment, Interest, and Money

The General Theory of Employment, Interest, and Money is a 1936 book by economist John Maynard Keynes. In the book, Keynes presents his theory of how economic fluctuations are caused by the interactions of aggregate demand and aggregate supply.

Keynes argues that the level of employment in an economy is determined by the level of aggregate demand, which is the sum of consumption, investment, and government spending. He contends that during economic downturns, when businesses are not investing and consumers are not spending, the government should step in and increase its spending to stimulate demand and increase employment.

One of the key concepts in the book is the “liquidity trap,” which occurs when interest rates are so low that individuals and businesses are not incentivized to borrow and invest, despite the fact that there is spare capacity in the economy. In this situation, Keynes argues that monetary policy, such as cutting interest rates, is not effective in stimulating demand and increasing employment. Instead, he argues that fiscal policy, such as increasing government spending, is necessary to boost demand and get the economy out of the liquidity trap.

Another important concept in the book is the “multiplier effect,” which states that an increase in government spending will have a larger impact on the economy than the initial increase in spending. This is because the increase in government spending leads to an increase in employment, which in turn leads to an increase in consumption, which then leads to an increase in investment and so on.

Overall, The General Theory of Employment, Interest, and Money presents a new perspective on economic fluctuations and the role of government in stabilizing the economy. It argues that government spending can be used to stimulate demand and increase employment during economic downturns, and that monetary policy alone is not sufficient to combat economic downturns. The book had a significant impact on the field of macroeconomics, and many of its ideas are still studied and debated today.

RUBRIC
Excellent Quality 95-100%	Introduction 45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.		Literature Support 91-84  points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.			Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score 50-85%	40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.		83-76  points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.			52-49  points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality 0-45%	37-1 points The background and/or significance are missing. No search history information is provided.		75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.			48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
You Can Also Place the Order at www.perfectacademic.com/orders/ordernow or www.crucialessay.com/orders/ordernow

 

PLACE THE ORDER WITH US TODAY AND GET A PERFECT SCORE!!!