The concepts and multipliers of national income components in an open economy or 4-Sector model using the Keynesian model. Theories of Consumption (KIH, RIH, PIH & LCH); Investments: Types, Assumptions, Physical theories like accelerator, MEI and MEC, Tobin Q and Financial theories like Shapiro’s profit theory, Jorgensen’s investment theory).
ESUT B.Sc. Economics · 300 Level, First Semester · 2 units. Course pack developed with IntelliScan Standards Institute; reviewed and signed off by the ESUT Course Lead.
- Teacher: Chidera Eze