KEYNES ON BUSINESS CYCLE

ALEKSANDAR ALEKSANDROV

 

Abstract

The paper aims to present John Maynard Keynes's business cycle theory. The goal is to examine his views, which are the basis of the modern economy. Better knowledge of the Keynes theory will contribute to a more adequate interpretation of the business cycle phenomenon, to better management and to improving the effectiveness of macroeconomic policies.

Key words

Business Cycle, Bulgaria, Keynes

JEL Codes: E32, B310, B220

References

Keynes, J. M. (1924[1923]). A Tract on Money Reform. Macmillan and Co.
Ганев, К. (2015). Бизнес цикли: Теории и модели. Софийски университет „Св. Климент Охридски”. София.
Кейнс, Дж. М. (1993). Обща теория на заетостта, лихвата и парите, изд. „Христо Ботев”, София

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