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Chapter # 2 Classical theory of income and employment

Chapter # 2 Classical theory of income and employment. Introduction to classical model Say`s Law Say`s Law in different markets Criticism of Keynes on classical model. Chapter`s outlines. Classical economists are Adam smith, Ricardo, edge worth, Pareto, J.B Say and Marshal etc

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Classical theory cont - PowerPoint PPT Presentation

Chapter # 2 Classical theory of income and employment