Have you been looking all over the internet for a term paper? Stop looking now! Paper University has over 45,000 term papers all in one place. Our huge online paper library has college papers on all sorts of topics and they are all available for downloading or printing immediately. If you are thinking this will cost an arm and a leg, you are wrong! Get instant access to our members section for one low monthly price with no additional fees or long-term obligations. It doesn't matter if you are downloading one essay or one hundred. Join today and get the essay writing help that you need.

PKT Beginning of Paper Post-Keynesian economic was formed and developed by economists such as Joan Robinson and Nicholas Kaldor who believed Keynesian economics was based on disequilibrium and uncertainty, and that challenges the general equilibrium assumptions of neo-classical theory. The main aim of post .... Middle of Paper .... DEVELOPMENTS In 1930s, Harrodfs work on growth dynamics was the first development of post-Keynesian economic which distinct from Keynesian analysis. The prevailing theory in economics was static rather than dynamic. Harrodsf argued what was needed is a body of theory to explain what caused the observable movement of the economic system to change overtime. The Harrod-Domar formula, in which the growth rate as the dependent variable, is determined by the propensity to save and the incremental capital/output ratio.2 eThe Accumul .... 1329 words | 5 pages Subscription Length Price Join 30 days membership (recurring) $19.95 90 days membership (recurring) $39.95 180 days membership (non-recurring) $69.95