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EKN 120 Semester Test 1 Notes Chapter 11-13
Contains chapters 1-3 covered in semester test one. Includes theory, tables, graphs and interpretations for EKN 120.
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Summary EKN 120 Cht 13 - Basic Macroeconomics Relationships
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Key areas covered: - Keynes Aggregate Expenditure Model - Mathematical calculations and graphs. - MPC & MPS. - Exogenous consumption & spending. - GDP. - Multiplier effect.
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Add to cartKey areas covered: - Keynes Aggregate Expenditure Model - Mathematical calculations and graphs. - MPC & MPS. - Exogenous consumption & spending. - GDP. - Multiplier effect.
R100
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Summary EKN120 Cht 12 - Measuring Domestic Output and National Income
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Content covered: - National income accounting. - GPD vs GNI. - Different types of GDP. - Expenditure approach. - Income approach. - Other national accounts.
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Add to cartContent covered: - National income accounting. - GPD vs GNI. - Different types of GDP. - Expenditure approach. - Income approach. - Other national accounts.
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Summary EKN120 Cht 11 - South African Economy: Circular flows and Limitations
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Content covered: - Role players in economy. - Circular flow diagram. - Societies economizing problem. - Production possibilities curve.
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Add to cartContent covered: - Role players in economy. - Circular flow diagram. - Societies economizing problem. - Production possibilities curve.
R70
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