Thursday, October 16, 2014

Income and Expenditure

In class students learned about income and expenditure.  Be familiar with the Marginal Propensity to Consume (MPC), the Marginal Propensity to Save (MPS) and Multiplier (1/(1-MPC)).

The homework is listed below and the notes are attached.

Notes - Income and Expenditure

HW - Read Module 17 and 18

No comments:

Post a Comment