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Introduction: Classical and Keynesian. Economics. Prior to the 1930's, the ideas of classical economists dominated macroeconomics. Macroeconomics. 2. Keynes, John Maynard, 1883-1946. General theory of employment, interest and money. I. Title. C16Read.pdf. 1. Chapter 16: Equilibrium in a Macroeconomic Simple Keynesian Model as yet another application of the Economic Approach. We will then.