Chapter 23

Business Fluctuations in The Simple Keynesian Model

This chapter extends the Keynesian model to allow for changing autonomous consumption, investment, and net exports, and the influence of these changes in causing business fluctuations.

Begin the chapter

Overheads

Test your understanding -- Multiple-choice questions.

You Need To Know

Contents

  1. Business Fluctuations
  2. Consumption and Saving
  3. Changing consumption
  4. Changing investment
  5. International Trade Imbalance
  6. Chapter Summary
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