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• 10:32, 16 March 2025 Parijat talk contribs created page New Keynesian Economics (Created page with "New Keynesian economics emerged in the 1980s as a response to both classical and New Classical economics, incorporating microeconomic foundations into Keynesian macroeconomics. It addresses market imperfections and explains why economies do not always self-correct quickly, justifying government intervention in some cases. === '''Key Principles of New Keynesian Economics''' === # '''Price and Wage Stickiness''' #* Unlike classical models where prices adjust instantly, N...") Tag: Visual edit: Switched