JIMMA UNIVERSITY COLLAGE OF BUSINESS AND ECONOMICS DEPARTMENT OF ECONOMICS MACROECONOMICS II (ECON 312) LECTURE NOTE By Wondaferahu Mulugeta 1 June 2009 Jimma Ethiopia 1…
CHAPTER 21 Measuring GDP and Economic Growth After studying this chapter you will be able to Define GDP and use the circular flow model to explain why GDP equals aggregate…
INTRODUCTION Consumption, savings and investment are the key macroeconomic aggregates which are crucial in determining an economy¶s equilibrium level of employment, and…
National Income Definitions of National Income Marshall s Production- based Definition National income is the labour and capital of the country, acting on its natural resources,…
National Income Definitions of National Income Marshall s Production- based Definition National income is the labour and capital of the country, acting on its natural resources,…
1. India suffers from a lot of poverty, w]Monthly per capita consumption expenditure is below Rs. 356.35 f 2. Global Institute. This study found 54% of the people living…
1. 2011agriculture,forestry & fisheriesDepartment:Agriculture, Forestry and FisheriesREPUBLIC OF SOUTH AFRICA 2. Trendsin theAgricultural Sector2011ContentsECONOMIC REVIEW…
1. Review of [email protected] 2. Introductory macroeconomicsFocuses on:The structure or composition of a modern economythe behavior of the economy in the…
1. NATIONAL INCOME 2. NATIONAL INCOME National income is defined as the value of all final goods and services produced by the normal residents of a country, whether operating…