Consumption function

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Related lectures (27)

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Small Open Economy Modeling

Explores small open economy modeling, including Lagrangian formulation, borrowing constraints, and impulse response plotting in MATLAB.

Equilibrium State Prices Determination

Explains the determination of equilibrium state prices in asset pricing through consumption market clearing and budget constraints.

Can fish see water?, Design for Sustainability

Explores crafting design interventions for sustainability in different domains.

Economic Growth: Measuring Total Production and Value Added

Explores how GDP measures total production using prices as a common denominator and explains the concept of value added in the economy.

Happiness: The Illusion of Consumption and Growth

Examines the reasons why happiness does not rise with GDP per capita, addressing the illusions of consumption, the impact of social support and freedom, and the seeds of unhappiness.

Market Structure: Portfolio, Arbitrage, and Consumption

Explores market structure, portfolio holdings, arbitrage, state prices, and optimal consumption-portfolio choices.

Basics 2: Capital and Saving

Covers the law of motion of capital, saving, investment, and estimating a capital stock.

Basics 2: Capital & Saving

Covers the basics of capital and saving, including the relationship between saving and investment.

Modeling of Energy Value Chains

Explores energy systems modeling, biofuel production, fuel characteristics, and global markets.

Reducing Emissions: Cost Analysis and Maximizing Profit

Explores cost analysis to reduce emissions and maximize profit through optimal measures.