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Determination of Income and Employment
Economics · Chapter 3 · Part A: Introductory Macroeconomics
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Your path through this chapter
Visual lesson Beta
- Part 1: Aggregate Demand, Propensities and the Multiplier22 slides
- Part 2: Full Employment, Excess and Deficient Demand18 slides
Flashcards Beta
32 cards for quick recall of key terms and facts.
Review the cards Step 3: Not startedPractice
70 board-style questions with instant checks: Multiple choice 25, Short answer 14, Numerical 8, Assertion and reason 6.
Practise Step 4: Not startedChapter test Free
Short and long chapter tests in board pattern, with results and analysis.
Step 5: Not started- Chapter test (long) — Determination of Income and Employment · 40 marks · 90 min
- Chapter test (short) — Determination of Income and Employment · 20 marks · 40 min
Topics 5
- Aggregate demand and its components
- Propensity to consume and save
- Short-run equilibrium output and the investment multiplier
- Full employment and involuntary unemployment
- Excess and deficient demand and corrective measures