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Video tutorials - Economics: Introductory Macroeconomics - Determination of Income and Employment (Central Board of Secondary Education (CBSE))

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shaalaa.com | Determination of income and employment Part 1

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Determination of income and employment Part 1 [00:21:29]
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  • Aggregate demand and its components.
  • Propensity to consume and propensity to save (average and marginal). Short-run equilibrium output; investment multiplier andits mechanism. Meaning of full employment and involuntary unemployment.
  • Problems of excess demand and deficient demand; measures to correct them - changes in government
    spending, taxes and money supply.
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