microeconomics
It is not that Keynes directly the amount of attention given to microeconomics, rather his work and modelling was about macroeconomic matters, and since these are more profound, it was natural for many economists to concentrate on these issues.
it relies on a large amount of spending
Consumption (consumer spending)
Consumer spending is the amount of money which a households spends. This includes large purchases for the home such as major appliances as well as regular necessities as food and clothing.
The factors that influence consumer spending include disposable income and consumer confidence. Disposable income relates to the amount of money a household has left over after their bills have been taken into account. Consumer confidence relates to the consumer's view of the current economy while taking into consideration their own financial circumstances.
It is not that Keynes directly the amount of attention given to microeconomics, rather his work and modelling was about macroeconomic matters, and since these are more profound, it was natural for many economists to concentrate on these issues.
it relies on a large amount of spending
Consumption (consumer spending)
Consumer spending is the amount of money which a households spends. This includes large purchases for the home such as major appliances as well as regular necessities as food and clothing.
The factors that influence consumer spending include disposable income and consumer confidence. Disposable income relates to the amount of money a household has left over after their bills have been taken into account. Consumer confidence relates to the consumer's view of the current economy while taking into consideration their own financial circumstances.
An economy that depends on a large amount of spending by consumers
A consumer depends on a large amount of overstock and sales.
Please describe what you are spending..
Consumer surplus is the amount a buyer is willing to pay minus the amount the buyer actually pays.
Global spending on purses and handbags was estimated to be around $80 billion in 2020. This amount may vary each year due to fluctuations in consumer trends and economic conditions.
Tertiary consumer has the least amount of energy.....
Spending money.