Macroeconomics pp 205-228 | Cite as

Consumption

  • Rosalind Levačić
  • Alexander Rebmann
Chapter

Abstract

Aggregate consumption is the largest component of aggregate demand. It is therefore important for the implementation of Keynesian economic policy to be able to predict consumption reasonably well. So it is not surprising that aggregate consumption theory is a major area of macroeconomic research.

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Copyright information

© Rosalind Levačić and Alexander Rebmann 1982

Authors and Affiliations

  • Rosalind Levačić
  • Alexander Rebmann

There are no affiliations available

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