makrotalousteoreettiset
Makrotalousteoreettiset, translated as macroeconomic theories, refer to the branch of economics that studies aggregate economic variables and the overall performance of economies. The field seeks to understand the interactions of national income, employment, inflation, fiscal and monetary policies, and international trade. Theories in this area are often divided into schools that differ in their assumptions about market behavior, the role of expectations, and the effectiveness of government intervention.
The classical school, rooted in the works of Adam Smith and later expanded by David Ricardo and
From the late 1960s onwards, monetarist thought, influenced by Milton Friedman, highlighted the controlling power of
Contemporary macroeconomic research continues to blend insights from these traditions, employing dynamic stochastic general equilibrium models