New Keynesian economics developed partly in response to new classical economics. It strives to provide microeconomic foundations to Keynesian economics by showing how imperfect markets can justify demand management.
... 94.37% White, 1.11% African American, 0.18% Native American, 1.74% Asian, 0.01% Pacific Islander, 1.21% from other races, and 1.38% from two or more races. 7.06% of the ...