Great video on Consumption Function . finally makes sense . Thank you and God Bless !
@vesaarifi82803 жыл бұрын
I have been going back and fourth in different youtube channels, books and lecture notes trying to understand something that you clearly explained in a single sentence. Thank you!
@seadragon3612 жыл бұрын
Helpful and clear. I appreciate that you don't rush or shout, and the graphics are a good support. Thanks
@manmitkaur62423 жыл бұрын
Wow this vedio was uploaded 10 years ago and it is still very useful to understand. Great technique of explaining, hats of to you men :)👍
@danielchandler17006 жыл бұрын
This was very helpful to me, thanks for producing this!
@thembinkosimahemu2232 жыл бұрын
So helpful... I have understood this better than the other videos🙏🙏
@SFtalks6 жыл бұрын
This is one of the best explanation, I am further looking for a point by point explanation, like drawing all the points on the graph, when the consumption increase with the inclusion of autonomous consumption, it should be a straight graph as well parallel to the previous one, how it intersects the consumption graph
@lostmy112 жыл бұрын
See the playlist for Keynesian consumption function without taxesl
@adijo12312 жыл бұрын
Brilliant videos. Can we have more?
@9382805913 жыл бұрын
can we have the entire series?
@pasqualified13 жыл бұрын
LOVE THIS.
@daniel.demissie.shewie9 жыл бұрын
thank you so much
@user-hc4ju8rs4v3 жыл бұрын
the autonomous consumption is our savings that we spend or when we consume or spend?
@Carrot77111 жыл бұрын
Thankssss man you help me alotsssss !
@tupokiwe6 жыл бұрын
Thanks
@gaboratanelwemakwati4418 Жыл бұрын
what is this 45 degree line
@MrTugwit7 жыл бұрын
lostmy1, at 1:20 you incorrectly say small c is the marginal propensity to consume. The marginal propensity to consume uses INCREMENTS of consumption and income ΔC and ΔY: ΔC/ΔY = mpc ΔC = mpc ΔY It's the average propensity to consume which uses C and Y: C/Y = apc C = apc Y Your consumption function uses C and Y: C = c Y + Cbar C = apc Y So small c must be the average propensity to consume: C = c Y + Cbar C = (C/Y)Y + Cbar C = C + Cbar 0 = Cbar Cbar must equal zero, and your consumption function actually says: C = C consumption equals consumption.
Пікірлер: 17
Great video on Consumption Function . finally makes sense . Thank you and God Bless !
I have been going back and fourth in different youtube channels, books and lecture notes trying to understand something that you clearly explained in a single sentence. Thank you!
Helpful and clear. I appreciate that you don't rush or shout, and the graphics are a good support. Thanks
Wow this vedio was uploaded 10 years ago and it is still very useful to understand. Great technique of explaining, hats of to you men :)👍
This was very helpful to me, thanks for producing this!
So helpful... I have understood this better than the other videos🙏🙏
This is one of the best explanation, I am further looking for a point by point explanation, like drawing all the points on the graph, when the consumption increase with the inclusion of autonomous consumption, it should be a straight graph as well parallel to the previous one, how it intersects the consumption graph
See the playlist for Keynesian consumption function without taxesl
Brilliant videos. Can we have more?
can we have the entire series?
LOVE THIS.
thank you so much
the autonomous consumption is our savings that we spend or when we consume or spend?
Thankssss man you help me alotsssss !
Thanks
what is this 45 degree line
lostmy1, at 1:20 you incorrectly say small c is the marginal propensity to consume. The marginal propensity to consume uses INCREMENTS of consumption and income ΔC and ΔY: ΔC/ΔY = mpc ΔC = mpc ΔY It's the average propensity to consume which uses C and Y: C/Y = apc C = apc Y Your consumption function uses C and Y: C = c Y + Cbar C = apc Y So small c must be the average propensity to consume: C = c Y + Cbar C = (C/Y)Y + Cbar C = C + Cbar 0 = Cbar Cbar must equal zero, and your consumption function actually says: C = C consumption equals consumption.