Learning Journal Unit 5.docx - Learning Journal Unit 5...

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Learning Journal Unit 5 Although not explicitly mentioned in Chapter 20, John Maynard Keynes is considered a foundational source in the understanding of macroeconomics. After performing research outside the textbook, please explain in three well-structured paragraphs the basic principles of the New Keynesian Economics and how it addresses perceived limitations to classic Keynesian theory. o Peer-assess Unit 4 Written Assignment o Read the Learning Guide and the Reading Assignment o Read Chapter 11: The World of Imperfect Competition o Suggested reading: Introduction to Economic Analysis , pp. 234 – 242. o Participate in the Discussion Assignment (post, comment, and rate in the Discussion Forum) o Take the Self-Quiz Use the above checklist to write your journal. It will help you be organized in reflecting on your learning week. Remember to cite your sources for all your assignments. Source: - and-neokeynesian-economics.asp - economics/ Answer:

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