Macroeconomics History Simplified | Major Schools of Thought from 1776 to 2026 скачать в хорошем качестве

Macroeconomics History Simplified | Major Schools of Thought from 1776 to 2026

Confused by the different schools of macroeconomic thought? In this comprehensive video, we break down the entire history and evolution of Macroeconomic Models. From Adam Smith to modern-day New Keynesian frameworks, we explain how economic theories have evolved to solve real-world problems. Whether you are preparing for UPSC, UGC NET, or university exams, this video will help you understand the core pillars, assumptions, and chronological order of every major model. In this video, we cover: Classical Economics (1776): Adam Smith, Say’s Law, flexible prices, and the concept of "Money Neutrality." Neo-Classical Economics (1870-1930): The Marginal Revolution, utility, and micro-foundations. Keynesian Revolution (1930s): The Great Depression, sticky wages/prices, and the Multiplier Effect. Monetarism: Milton Friedman’s take on money supply, inflation, and the Phillips Curve. New Classical & RBC Theory: Rational expectations, Robert Lucas, and why the economy self-corrects. New Keynesian Economics: Menu costs, efficiency wages, and the Taylor Rule. Key Equations Discussed: Quantity Theory of Money: MV = PY Keynesian Consumption Function: C = \bar{C} + c(Y - T)$ The Taylor Rule for Interest Rates Timestamps: 0:00 – Introduction1:00 – Classical Economics (1776) & Say's Law5:58 – Neo-Classical & Marginal Revolution7:43 – Keynesian Economics & Great Depression10:41 – Monetarism (Milton Friedman)12:50 – New Classical & Real Business Cycle (RBC)15:52 – New Keynesian Economics (Modern Models)18:45 – Conclusion & Future of Macro Models About the Channel: At EduSure, we simplify complex economic concepts to help you excel in your academic and professional journey. Don't forget to: ✅ Subscribe for more Economics deep dives.👍 Like the video if it cleared your doubts.💬 Comment below which topic you find the trickiest! 🔗 Explore Our Offerings: 📌Discover our courses: https://edusure.in/ma-economics-best-... 📚 Free Study Material: https://t.me/maecoentranceedusure Follow for more updates: 👉 Facebook:   / edusure   📸 Instagram:   / edusureschool   🐦 Twitter:   / edusureschool   🔗 LinkedIn:   / edusure-school   📞 Need Guidance? Contact Us: 📞 Office: +91 81008 24601 📧 Email: contact@edusure.in 🌐 Website: https://edusure.in/ma-economics-best-... ---------- #Macroeconomics #UGCNetEconomics #UPSCEconomics #KeynesianEconomics #ClassicalEconomics #RBCTheory #EconomicsHistory #EduSure #MoneySupply #Monetarism