Share on Facebook Share on Twitter Email
Answers.com

Aggregate behavior

 
Wikipedia: Aggregate behavior

In economics, aggregate behavior refers to relationships between economic aggregates such as national income, government expenditure and aggregate demand. For example, the consumption function is a relationship between aggregate demand for consumption and aggregate disposable income.

Models of aggregate behavior may be derived from direct observation of the economy, or from models of individual behavior. Theories of aggregate behavior are central to macroeconomics.



Search unanswered questions...
Enter a question here...
Search: All sources Community Q&A Reference topics
 
 

 

Copyrights:

Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Aggregate behavior" Read more