"General theory of employment, interest and money" is written by : |
John Maynard Keynes Adam Smith Alfred Marshal J.C Mills |
John Maynard Keynes |
The correct answer is option (1) : John Maynard Keynes Macroeconomics, as a separate branch of economics, emerged after the British economist John Maynard Keynes published his celebrated book The General Theory of Employment, Interest and Money in 1936. The dominant thinking in economics before Keynes was that all the labourers who are ready to work will find employment and all the factories will be working at their full capacity. This school of thought is known as the classical tradition. |