'Autonomous consumption' presentation slideshows

C hapter 21

1.43k views • 76 slides

QUICK REVIEW

QUICK REVIEW. LRAS. PRICE LEVEL. SRAS. AD. Qn. Q1. REAL GDP. LRAS. PRICE LEVEL. SRAS. AD. Qn. REAL GDP. P. r. i. c. e. L. e. v. e. l. L. R. A. S. S. R. A. S. S. h. o. r. t. -. r. u. n. e. q. u. i. l. i. b. r. i. u. m. L. o. n. g. -. r. u.

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C hapter 6

C hapter 6. Consumption and Investment. What Determines Consumption Spending?. Consumption-spending and consumption-production decisions are made simultaneously and independently of each other. What Determines Consumption Spending?.

771 views • 66 slides

Aggregate Expenditure

15. Aggregate Expenditure. CHAPTER. 1. 2. 3. 4. C H A P T E R C H E C K L I S T. When you have completed your study of this chapter, you will be able to. Distinguish between autonomous expenditure and induced expenditure and explain how real GDP influences expenditure plans.

947 views • 63 slides

The Demand Side: Consumption & Saving.

735 views • 51 slides

Introduction to Macroeconomics

Introduction to Macroeconomics. Chapter 22. Keynesian Macroeconomics. Chapter 22. Keynesian Macroeconomics. 1. John Maynard Keynes 2. Consumption 3. Simple Equilibrium Model 4. Add Investment to the Model 5. Add Government Spending to the Model 6. Autonomous Spending Multiplier

799 views • 37 slides

Consumption, Saving s and Investment

Consumption, Saving s and Investment. Consumption function Determinants of Consumption Engel's law Saving s Determinants of Investment The Multiplier. Autonomous consumption.

1.88k views • 32 slides

Chapter 23

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EC 100 Summer Mock

EC 100 Summer Mock. General Exam Tips. Never leave a question blank. Writing anything (sensible) will get some marks. More (accurate) detail = more points. Give the relevant equations e.g. C=a+b(Y-T) When discussing policies, remember multiplier effects (& give equations!)

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Economics for CED

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Economics for CED

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III. UNIT III

III. UNIT III. B. The Consumption Function. 1. Autonomous consumption. identification and determining. factors. 2. Induced consumption. identification and determining. factors. 3. Calculation of MPC and MPS. C. Determinants of Planned Investment. D. Composition of Aggregate Demand.

395 views • 23 slides

The Simple Spending Multiplier (Autonomous Expenditures Multiplier)

The Simple Spending Multiplier (Autonomous Expenditures Multiplier). A CHANGE IN AUTONOMOUS PLANNED. SPENDING (AUTO. C, PLANNED I,. G, or NET EXPORTS) WILL RESULT IN AN EVEN LARGER CHANGE. IN EQUILIBRIUM GDP FOR A GIVEN PRICE LEVEL. THAT CHANGE IN EQUILIBRIUM GDP IS.

479 views • 23 slides

III. UNIT III

III. UNIT III. B. The Consumption Function. 1. Autonomous consumption. identification and determining. factors. 2. Induced consumption. identification and determining. factors. 3. Calculation of MPC and MPS. C. Determinants of Planned Investment. D. Composition of Aggregate Demand.

363 views • 22 slides

Secon d Part Lecture 8 Aggregate Expenditure Model

Secon d Part Lecture 8 Aggregate Expenditure Model. Consumption Function. Consumption Function: It shows the relationship between disposable income and consumption. What is disposable income? If we subtract tax from total income then we get disposable income. Suppose M= Total income

252 views • 11 slides

Multipliers

Multipliers. Key Idea: A small change in spending leads to a large change in output/income. The difference between Y 1 and Y F is called the GDP GAP Do you need to spend the whole amount of gap to close the gap?. LRAS. PL. SRAS. PL 1. AD. Y 1. GDP R. Y F. GDP GAP. Key formulas:.

331 views • 10 slides

Problem (1)

351 views • 9 slides