#### Keynes General Theory

##### Geoff McDonnell ★

Clone of Wagdy Samir Macroeconomics work in progress IM-901 Additions and deletions based on Robert Skidelsky's description of Keynes general THeory from his Biography Vol2 p 549 -571

- 5 years 6 months ago

#### Keynesian Macroeconomics

##### Nicholas Lowe

Unfortunately, this model only produces the illusion of functioning, but I did manage to get it to give me the graph. However, because of the use of flows, if you change the time step to and the simulation length to anything other than the same numbers, you'll find the graph showing something that looks more exponential. This is due to the function referencing itself in regards to time, so inevitably each time consumption grows it changes the outcome on the other side of the equation. Still, this is a convincing mock up. I added a "45 degree" line so that one could conceivably see (and also change) the difference made by altering the level of autonomous consumption.

- 5 years 5 months ago

#### Clone of Keynes General Theory

##### Martin Eden

- 4 years 7 months ago

#### Keynes theory of employment and inflation

##### Geoff McDonnell ★

Causal loop representation of Keynesian macroeconomics taken from the System Dynamics literature, specifically Henize 1972 MIT D-memo D-1717. See also Nathan Forrester's SF CLD Diagram from his PhD IM-165714

Macroeconomics Economics Employment Inflation Labour Dynamics Keynes

- 4 months 6 days ago

#### Clone of Keynesian Macroeconomics

##### Martin Eden

Unfortunately, this model only produces the illusion of functioning, but I did manage to get it to give me the graph. However, because of the use of flows, if you change the time step to and the simulation length to anything other than the same numbers, you'll find the graph showing something that looks more exponential. This is due to the function referencing itself in regards to time, so inevitably each time consumption grows it changes the outcome on the other side of the equation. Still, this is a convincing mock up. I added a "45 degree" line so that one could conceivably see (and also change) the difference made by altering the level of autonomous consumption.

- 4 years 7 months ago

#### The Macroeconomic Demand for Labour

##### Geoff McDonnell ★

Summary of Ch 14 of Mitchell Wray and Watts Textbook see IM-164967 for book overview

- 1 month 2 weeks ago

#### Theory of Effective Demand

##### Geoff McDonnell ★

Summary of Ch 13 of Mitchell Wray and Watts Textbook see IM-164967 for book overview

- 1 month 2 weeks ago

#### Keynes and the Classics

##### Geoff McDonnell ★

Summary of Ch 12 of Mitchell Wray and Watts Textbook see IM-164967 for book overview. Compare with SD CLD IM-169071

- 1 month 2 weeks ago

#### Clone of Keynesian Macroeconomics

##### Runy Calmera

Unfortunately, this model only produces the illusion of functioning, but I did manage to get it to give me the graph. However, because of the use of flows, if you change the time step to and the simulation length to anything other than the same numbers, you'll find the graph showing something that looks more exponential. This is due to the function referencing itself in regards to time, so inevitably each time consumption grows it changes the outcome on the other side of the equation. Still, this is a convincing mock up. I added a "45 degree" line so that one could conceivably see (and also change) the difference made by altering the level of autonomous consumption.

- 4 years 3 weeks ago