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Sectores compradores
Sectores
vendedores

Demanda intermedia
Sector 1

Sector 2

Sector 3

Demanda final

Sector n

12

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Sector 2

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Sector 3

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Valor agregado

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Total Consumo Inversin Total

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La demanda agregada viene dada por:


DA = C + I + G + XN

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La funcin de consumo describe la relacin entre el consumo y la renta.

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Suponemos que la demanda de consumo aumenta con el nivel de renta:


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El ahorro aumenta cuando aumenta la renta.

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Sustituyendo DA en DA = Y tenemos la siguiente condicin de equilibrio:


Y = A + cY
Dado que Y aparece en los dos miembros de la ecuacin podemos agrupar trminos y despejar el
nivel de renta y de produccin de equilibrio, representado por Y0:

El nivel de produccin de equilibrio es ms alto cuanto mayor es la Pmgc, c, y mayor el nivel de gasto
autnomo, A.

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El individuo acumula activos debido a que ahorra durante toda su vida de trabajo. Su riqueza
o activos aumentan a lo largo de toda su vida de trabajo y alcanzan un mximo a la edad en que se
jubila. A partir de entonces, los activos disminuyen cuando los vende o los liquida para pagar lo que
consume en ese perodo.
WR mx. = C x (VT VA)

>
La teora del ahorro basado en el ciclo vital predice que los individuos ahorran mucho cuando
su renta es alta en relacin con la renta media de toda su vida y desahorran cuando su renta es baja
en relacin con la media de toda su vida.

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produccin en magnitudes por trabajador o per cpita
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