J.M.Keynes의 一般理論 小考 : 그 理論分析을 中心으로 = A Study on the General Theory of J. M. Keynes

다국어 초록 (Multilingual Abstract)

In this paper, I have attempted to explain the distinctive features of the General Theory of J. M. Keynes. The distinctive features of it may be stated in the form of the following propositions.
Total income depends on the volume of total employment. According to the propensity to consume, the amount of expenditure for consumption depends on the level of income, and therefore depends on total employment. The total employment depends on the total effective demand, which is made up of two parts: consumption expenditure and investment expenditure.
In equilibrium, the aggregate demand is equal to the aggregate supply. Therefore the aggregate supply goes beyond the effective demand for consumption by the amount of the effective demand for investment.
In equilibrium, the aggregate supply is equal to the aggregate demand, and the aggregate demand is determined by the propensity to consume and the volume of investment. Therefore, the volume of employment depends on the aggregate supply function, the propensity to consume, and the volume of investment.
Both the aggregate supply function. which depends mainly on the physical condition of supply, and the propensity to consume are relatively stable and therefore the fluctuations in employment depend mainly on the volume of investment.
The volume of investment depends on the marginal efficiency of capital and the rate of interest. The marginal efficiency of capital depends on the expectations of profit yield and the replacement cost of capital assets.
The rate of interest depends on the quantity of money and the state of liquidity preference. In brief, the theoretical frame of the General Theory of J.M. Keynes is made up of the above propositions which are explained in relation to each other in my paper.

목차 (Table of Contents)

• Ⅰ. 序言
• Ⅱ. 古典學派의 雇傭 理論 批判
• Ⅲ. 總供給 函數
• Ⅳ. 總需要 函數
• Ⅴ. 總雇傭量의 決定 原理
• Ⅵ. 結言