Difference between revisions of "Monetarism"
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==Definition== | ==Definition== | ||
Latest revision as of 17:45, 2 July 2020
Monetarism is the doctrine according to which changes in the money supply are the primary cause of economic fluctuations, implying that a stable money supply would lead to a stable economy.
Definition
According to Macroeconomics by Mankiw (7th edition),
- Monetarism. The doctrine according to which changes in the money supply are the primary cause of economic fluctuations, implying that a stable money supply would lead to a stable economy.
