Income determination and Multiplier | Macroeconomics | Class 12 | chapter 8 | Part 1

Income determination and Multiplier | Macroeconomics | Class 12 | chapter 8 | Part 1
Topics covered :
AD-AS Approach
S-I Approach
Full employment equilibrium
Investment Multiplier
#macroeconomics #rajatarora #economics

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[@deepanshu3197]

FOR THE PEOPLE WHO HAVE DOUBT THIS IS SHORT RUN EQUILIBRIUM ONLY.

[@ADEDLOOP]

00:06 - Introduction to Income Determination and Multiplier concepts in Macroeconomics. 01:10 - Income determination defines the equilibrium level of income in economics. 02:42 - Equilibrium is achieved when aggregate demand equals aggregate supply. 03:41 - Understanding equilibrium through AD-AS and SI approaches. 05:16 - Understanding equilibrium in short-run income determination. 06:03 - Equilibrium income is determined where aggregate demand equals aggregate supply. 08:06 - Understanding income determination and the role of autonomous investment. 09:25 - Equilibrium income is determined where aggregate demand equals aggregate supply. 11:29 - Investment and savings influence income determination and multiplier effects. 12:48 - Understanding equilibrium in income determination through aggregate demand and supply. 14:33 - Production and employment rise with increased demand, affecting inventory levels. 15:25 - Excess inventory leads to reduced production and employment. 17:00 - Explains the relationship between AD and equilibrium in an economy. 18:00 - Effect of Aggregate Demand on Employment and Income Levels. 19:39 - Equilibrium in income determination is established by saving and investment curves. 20:31 - Investment is autonomous and impacts saving and equilibrium. 22:16 - Income dynamics affected by spending and savings in the economy. 22:59 - Understanding investment and saving curves in macroeconomics. 24:27 - Income increases lead to higher consumption and production adjustments. 25:14 - Introduction to multiplier concept and basic equilibrium. ADEDLOOP.......

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