Consumption Function | Meaning, Schedule, Observation, Graph | Microeconomics | Ecoholics

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[@Nabita-pc3uc]

😊 your explanation so much great ❤

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[@pradeepbhatnagar4848]

Vry.Impressive nd Informative Lecture bt.I would like to add ma'am as a management professional MPC nd APC plays vital role in consumption function bt.there is limitations of multiplier too.When the economy is in equilibrium an upward permanent shift in aggregate demand schedule causes an upward shift in the Equilibrium of national income.The multiplier is the ratio of the change in national income due to change in investment Taxation and government spending affect the equilibrium level of national income.The three sector model nd four sector model is very important too in brief .AD in three sector model can b expressed asAD=C+I+G nd AS as AS=C+S+T.The equilibrium of national income is determined where C+S+T=C+I+G or U=C+I+G where C=a+bYd,Yd=disposable income.WhereYd=Y-T where T=lump sum Tax in nutshell.Nice explanation on Graphical treatment.Excellent nd outstanding lecture.Appreciated the important tips.Thanx👍

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[@savithrithiyagarajan7587]

Tq mam

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[@Knowledge_gain345]

Mam muja n economics c bhut jyada dar lagtaa h kya kru college student hu

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[@123channeltamizhan8]

👍👍👍

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