![Economics 101: Keynesian Economics](https://i0.wp.com/sterlingterrell.net/wp-content/uploads/2017/01/1-3.jpg?fit=636%2C421&ssl=1)
[This is part of the series: The Complete Guide To Economics 101.]
What is Keynesian economics?
Keynesian Economics is an economic theory that advocates a focus on increasing aggregate demand in the economy in pursuit of economic growth.
At the fundamental level, is focuses on government spending and controlling interest rates as a way of stimulating the economy.
The basic precepts of it were developed by the late economist John Maynard Keynes.