The objective of this chapter is on the one hand that you understand the determinants of consumption and savings and on the other hand that you are able to differentiate between the consumption function of Keynes, the theory of relative income , permanent income theory and life cycle theory.

Access to this content (Chapter n ° 2 of the Macroeconomics course) is strictly reserved for students registered in first year license in economics at ISAEG.

You must have an account and log in to access this course chapter as well as the link to the PDF version.