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(1) Macro s1 elisa - Coggle Diagram

- - - - How do we define the gross income (y) of a consumer? :checkered_flag:
        
        How do consumers spend their income?
        
        How do we define the net income? :checkered_flag:
        
        One way to spend income: Invest - what are the 2 ways consumers can invest?
        
        Bonds (depend in R and saving accounts)
        
        One way to spend income: Consume - if disposible income income how much does consumption increase? (MPC)
        
        Remember that savings also increase
        
        How does MPC change with age? (explain and graph)
        
        MPC: slope of consumption curve :checkered_flag: (and graph)
    - - What are the 2 factors of production? (K and N)
        
        In ST, which one is constant? So the cost of a worker changes / Can aslo write it in another way with the Total Cost of workers
      - We can write the general consumption function in another way :checkered_flag:
  - - - Graph : Link Real interest rate and impact investment
      - Graph level of sales and impact on investment
  - - - Situation of the Gov budget based on level of t and g
  - - - What does it represent?
    - - What does it represent ? total income of a country
- - - - What is the link between all 3 of them?
      - Inflation rate - What will happen to PPI of CPI goes up?
        
        State effects in ST and MT
  - - - Actors : Consumer need consumption goods (c) , Producers need investment goods ( i ) , Government (need public goods (g)
      - State aggregate demand equation (z=c+i+g)
    - - what are the different kinds of Money
      - Equation: Ms=Md
      - Actors and their purpose: Central Banks and Commercial banks
      - The circle of how Commercial banks provide money / and who needs Money?
      - Equilibrium : M/P = Md/P
    - - Who asks and who provides the bonds?
        
        in which case does the Gov issue bonds?
      - What is the equilibrium in the Bonds market?
        
        Demand on Bonds is made of two components, Bonds issued by gov and bonds issued by firms
      - Consumers: they receives bonds and deposits - the key in their decision is Interest Rate (controlled by CB)
    - - Who supplies Labour and who demands Labour
        
        Ns: supply - made up of U and E
        
        N: demand
  - - - When can it not be reached? and why is that? ( Inflation and Unemployment)
      - What is the relationship with unemployment and inflation? - What curve shows us this relationship
    - - Equations add the equilibrium in Goods, Money, Financial market all must be equal to 0
- - - - Can also invest money in Bonds issued by Gov or Firms
      - What is the good side of cash?
  - - - Link with R and Md - what happens when R increases or decreases (graph)
        
        Liquidity trap
      - Link with Y and Md - what happens when Y increases? (graph)
      - Equality to write Md = function of the 2 factors :checkered_flag:
  - - - So Ms should be fixed
    - - increase R (graph)