Marginal propensities - PowerPoint PPT Presentation

Topic 2 Consumers and Business Revision

Topic 2 Consumers and Business Revision. Students Learn to. Apply economic skills analyse the impact of changes in consumer income levels on the types of production within the economy explain the role of firms in solving the economic problem . Examine economic issues

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Building the Aggregate Expenditures Model

Building the Aggregate Expenditures Model. Keynesian Economics. John Maynard Keynes. British Economist (1883-1946) Theorized that “Classical Economics” was plagued by a periodic recession and required government assistance to help jump start the economy

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468 views • 19 slides

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