PPT-Consumption Function It expresses the relationship between total consumption expenditure

C fY Keynes uses the term propensity to consume for consumption function Kurihara says Consumption represents the amount of consumption expenditure at a given level of income whereas the propensity to consume CY is a schedule of consumption expenditure at various levels of income. Textbook. Damodar. . N. Gujarati (2004) . Basic . Econometrics. ,. . 4th . edition, . The . McGraw-Hill Companies. ECONOMETRICS I. INTRODUCTION. What is econometrics?. Literally econometrics mean economic measurement.. Operational Material. Outline. Topics to be covered. A Stacking of International Classifications. Criticality of Basic Headings. Summary of Classification levels. Basic Heading Sources. Operational Categories of Basic Headings. Chris Elbers. VU University and AIID. 11 November 2015. Joint work with Jan Willem Gunning. Ideas developed when evaluating Dutch development programs (commissioned work). Related work by White (2006), Elbers, Gunning and de Hoop (WD 2009), De . What is consumption function?. Consumption function shows what expenditure consumers will wish to make on consumer’s goods and services at each possible level of income. Determinants of consumption function. Autonomous versus induced expenditure. The consumption function. The theory of investment. Government purchase function. The net export function. Autonomous versus induced Expenditure. Autonomous expenditure. It expresses the relationship between total consumption expenditure and national income. C= f(Y). Keynes uses the term propensity to consume for consumption function.. Kurihara. . says, “ . Consumption represents the amount of consumption expenditure at a given level of income whereas the propensity to consume C/Y is a schedule of consumption expenditure at various levels of income.”. National Accounts. ICP Global Office. September 2011. Outline. Framework. National Accounts Activities. ICP Classifications and Basic Headings . Reporting Requirements: The MORES. Approaches for Splitting GDP Expenditures. . AGEC 340: International Economic Development. Course . slides for week 3 (Jan. 26 & 28. ). Consumption . Patterns*. * If you’re following the textbook, this material is in Chapter 3.. Week 3.. Marie-. Agnès. . Parmentier. , HEC Montréal . Eileen Fischer, York University. Consumption Communities and Brands. Collectives of consumers who come together based on a common interest for a consumption object, practice or brand.. Kayla Green & Amanda Kellar. Hanover College. Once Upon a Time…. There was a guy named Steve. Steve had a girlfriend named Sally and they loved drinking together with friends. On any given night Steve and Sally would be having a great time until something went wrong and they began to fight. Steve would then punch the wall and Sally would run out of the room crying. The next day Steve and Sally would say “I’m sorry, I love you, I was . 21 ANALYSIS O I N YEWA SOUTH LOCAL GOVERNMENT AREA O F OGUN STATE, NIGERIA Akerele, Ezekiel Olaoluwa; Ologbon , Olugbenga Adesoji Christopher; Otunaiya , Abiodun Olanrewaju; and Ambali , Isiaka Omo Function (CF). Greater part of Chapter 8 . & . 9 of the General Theory are devoted to factors which . underlie CF and determined . its form i.e. slope and position of the . curve. . One section .  . Source of Income. •Salary/ wage (employee/ worker). •Sales/ profit (entrepreneur/ seller). •Dividend (investor). •Interest rate (depositors). •Rent (room/ house). •Pension fund (retirement).  . Source of Income. •Salary/ wage (employee/ worker). •Sales/ profit (entrepreneur/ seller). •Dividend (investor). •Interest rate (depositors). •Rent (room/ house). •Pension fund (retirement).