A Comprehensive Overview: Keynesian Theory of Income
Mr. Yelahanka Lokesh
Abstract
A key economic theory called the multiplier examines the connection between changes in total spending and their effects on the level of economic activity as a whole. It is a key idea in macroeconomics and offers perceptions into the amplifying effects of different economic shocks and governmental actions. An overview of the main ideas, workings, and ramifications of the multiplier concept is given in this chapter. It explores the multiplier's importance in comprehending aggregate demand dynamics, the efficacy of fiscal policy, and the general operation of an economy.
Deposit Multiplier, Fiscal Policy, Government Spending, Multiplier Effect, National Income.
[Mr. Yelahanka Lokesh (2022) A Comprehensive Overview: Keynesian Theory of Income] (ISSN 2347 - 5552). www.ijircst.org
Mr. Yelahanka Lokesh
Assistant Professor, Department of Commerce And Economics, Presidency University, Bangalore, India,
Email Id-lokesh.yr@presidencyuniversity.in