The generic economic entity types. A critical analysis of basics of the Keynesian Macro-Model

Dalina Andrei and Liviu Catalin Andrei

MPRA Paper from University Library of Munich, Germany

Abstract: This below paper focuses on the economic entity concept. Difficult to find that (part of) economic literature not dealing with economic entities and issues. For the sake of better understanding ever on this our text below will start from the JM Keynes’ capital paper of 1936’ focusing on what was called the ‚Macro-Model’, but as critical analysis of this last. There will be aimed a consistent image of basic types of economic entities. These last will be, besides the firms and households, on the ’trunk’( main part) of the macro-flow, already ‚recognized’ since the ‚old classics’, banks(with thier today ‚system’), the State (which is actually Government and/or the State economic sector detached) and the rest of the world, that is not only the widest economic area, but equally the appropriate expression of what is called the ‚open economy’.

Keywords: economic entity; micro- & macro-economics; firms; banks & banking system; State & Government; rest of the world; flows & stocks (search for similar items in EconPapers)
JEL-codes: B12 C0 D0 H0 (search for similar items in EconPapers)
Date: 2020-04-17, Revised 2020-05-10
New Economics Papers: this item is included in nep-cwa and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Hyperion International Journal of Econophysics and New Economy 1.13(2020): pp. 113-122

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/109886/1/MPRA_paper_109886.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:109886

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().