For MCQ on this topic, click the below link
   / @drnavedclasses  

This video disuses about the Keynesian Consumption Function in detail. Consumption Function is basically a functional relationship between total consumption and gross national income. This is introduced by British economist John Maynard Keynes.

According to this function, total aggregate consumption expenditures can be predicted with this function. The topic covers in this video are:

• Consumption Function
• Assumptions
• Calculating the Consumption Function
• Graphical representation of Consumption Function
• Implications of Consumption Function
• Shift in the consumption function
• Increased marginal propensity to consume
• Limitations of consumption function

/ Contact : [email protected]

You can also visit us at:
https://www.managementclasses.org
  / mgtclasses  
   / managementclasses  
  / managementclas1  
  / mgtclass