Economic 157b 1 The economics of consumption Importance of consumption in macro 1. Consumption is two-thirds of GDP – understanding its determinants is major part of the…

Economic 157b 1 The economics of consumption 1 2 From: President Ella Eli To: Yale Students Re: Generous Gift My dear students, I am delighted to report that a generous alumna…

Economic 157b 1 The economics of consumption 1 2 From: President Ella Eli To: Yale Students Re: Generous Gift My dear students, I am delighted to report that a generous alumna…

Economic 157b 1 The economics of consumption 1 2 From: President Ella Eli To: Yale Students Re: Generous Gift My dear students, I am delighted to report that a generous alumna…

Economic 157b 1 The economics of consumption Importance of consumption in macro 1. Consumption is two-thirds of GDP – understanding its determinants is major part of the…