In most disciplines, the independent variable appears on the horizontal or x-axis, but economics is an exception to this rule. If a factor besides price or quantity changes, a new supply curve ...

Keynesian economics was popular from the end of World War II to the 1970s, when it gave way to supply-side economics, which put an emphasis on production and supply by focusing on businesses and ...

Monetarism is the theory that the proper control of a country's monetary supply is the primary determinant of that country's economic health and stability. Monetarism is based on the quantity ...

prevent the proper clearing of supply and demand. The Monetarist school is a branch of Keynesian economics credited mainly to the works of Milton Friedman. Working within and extending Keynesian ...