|Mause I 55f
Macroeconomics/Neoclassicism/NeoclassicismVsMacroeconomics: at the time of Neoclassical Theory the microeconomics was in the focus of economic interest. In contrast, macroeconomics, which examines the behaviour of macroeconomic aggregates (such as national income or employment), played hardly any role.
This position became untenable with the global economic crisis in the late 1920s and early 1930s. The economic slumps in many countries and the resulting mass unemployment made the importance and dangers of macroeconomic imbalances very clear. See Macroeconomics/Keynes._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018