KnowraEffective demandLinked fromLinked fromThe 9 pages that link to Effective demand, each with the reason it gives.All 9Broader topic 3Related 4Narrower topic 1Compared with 1Keynesian economicsBroader topic: Keynes used this idea to explain why an economy can settle below full employment.John Maynard KeynesBroader topic: Keynes used this concept to explain why employment can settle below its potential level.The General Theory of Employment, Interest and MoneyBroader topic: This is the demand level that, in Keynes’s account, determines employment.Post-Keynesian economicsRelated: It explains why output can remain constrained by spending rather than productive capacity.Animal spiritsNarrower topic: Changes in confidence can alter spending and investment, shifting economy-wide demand.Demand (economics)Related: The distinction clarifies why desire alone does not count as market demand.Jean-Baptiste SayCompared with: Keynes used effective demand to explain unemployment in opposition to Say’s law.John Atkinson HobsonRelated: His account turns on the gap between productive capacity and demand backed by purchasing power.Michał KaleckiRelated: Kalecki made spending, especially investment, central to explaining output and employment.