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ECO 120- Macroeconomics

ECO 120- Macroeconomics. Weekend School #1 8 th April 2006 Lecturer: Rod Duncan Previous version of notes: PK Basu. Topics for discussion. Module 1 - basic macroeconomic concepts Income determination, basic macroeconomic theory, investment decision Module 2 - the money market

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803 views • 67 slides

ECO 120- Macroeconomics

ECO 120- Macroeconomics. Weekend School #1 16 th April 2005 Morning Session Lecturer: Rod Duncan Previous version of notes: PK Basu. Topics for discussion. Module 1 - basic macroeconomic concepts Income determination, basic macroeconomic theory, investment decision

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651 views • 64 slides

Topic 3: Fiscal Policy

Topic 3: Fiscal Policy. Circular Flow Investment Taxes and Government Spending. AE (with no Govt). AE = C + I AE = Planned Aggregate Expenditure C = Consumption I = Investment. In equilibrium (with no Govt). Y = AE = C + I Y = National Income or Aggregate Output

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207 views • 15 slides

Multipliers & Fiscal Policy

Multipliers & Fiscal Policy. MPC, MPS & Multiplier Analysis. MPC = .60. MPC + MPS = 1. MPC + MPS = 1. Group 1: MPC = .90 Group 2: MPC = .60 If taxes were reduced , which MPC would shift AD more?. AD ? more with higher MPC Because, in short run, C? more.

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740 views • 8 slides

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ECO 120- Macroeconomics

ECO 120- Macroeconomics

Topic 3: Fiscal Policy

Multipliers &amp; Fiscal Policy

Multipliers & Fiscal Policy