Topics
Income determination
- Ex-ante and ex-post demand
- Aggregate demand and its components
- Propensities to consume and save
- Investment multiplier
- Excess and deficient demand
Learning objectives
- Calculate an investment multiplier and explain its mechanism.
Labs for this chapter are on the way
We are building worlds, labs and stories for Theory of Income and Employment. Meanwhile, practise its questions or explore the rest of Social Science.
