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- 2008

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Slides Prepared in Greek by Gregorios D. Siourounis.

Slides prepared by Thomas Bishop

‡ j ‡ j j ( ) .

‡ ‡ j ³Keynesian model´ ‡ j j : ‡ .

.John Maynard Keynes ‡ 5/06/1883-21/04/1946 ‡ . ‡ ‡ ‡ ‡ .

‡ . (AD) j : () ‡ ‡ j ‡ (C) ‡ . AD = C + I .

‡ ‡ j j ( ) .

) . 1989-1998 500 Household consumtpion expenditure (£bn.) 475 450 4 5 400 375 350 400 4 5 450 475 500 5 5 550 Real disposable income (£bn.UK 1995.

C=8+ Y . ± 1 - . 8 (³ ´) ( 8 { ) .

- S = -8 + Y .

AD = C + I C AD C I I .

45o line E AD 5 AD. E . AD.

S (I) E I (S) E .

45o line AD Y AD1 AD1 Y1 Y1 Y Output. Income AD .

‡ ‡ j . .