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Theory of NI; in the macro economics we study NI; it's another concepts and its measurements.Theory of NI fluctuations; the major part of macro-economics deals with the theory of NI determination. Accordingly, in macro-economics we study classical and Keynesian theories of national income and employment.Theory of Ni fluctuations: in capitalist economies, the economic activities are never alike. Sometimes there is brisk in the economic life, while on the other occasions, the business activities are sluggish. Such fluctuations in economic life of a country are known as trade cycles. Why there are such fluctuations.
Theory of consumption and savings: in macroeconomics, AD plays an important role. The AD has an important component which is consumption. The consumption has a counterpart which is saving. Ho people behave regarding consumption expenditures an savings? In this connection, starting from Keynes consumption function, we have a lot of consumption theories like Dusenberry's Relative income theory and Modigiliani's relative income theory.
Theory of growth: the Keynes model of income and employment just deals with the static and comparative static situations. But in addition to this model, we have a lot of dynamic growth models in macroeconomics where we study the growth path of the economy; effect of change in population on the level of NI; effect of the change in technology on the level of NI, etc.
Theory of consumption and savings: in macroeconomics, AD plays an important role. The AD has an important component which is consumption. The consumption has a counterpart which is saving. Ho people behave regarding consumption expenditures an savings? In this connection, starting from Keynes consumption function, we have a lot of consumption theories like Dusenberry's Relative income theory and Modigiliani's relative income theory.
Theory of growth: the Keynes model of income and employment just deals with the static and comparative static situations. But in addition to this model, we have a lot of dynamic growth models in macroeconomics where we study the growth path of the economy; effect of change in population on the level of NI; effect of the change in technology on the level of NI, etc.
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