consumptionbook (urjuanedit).indd 1

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consumptionbook (urjuanedit).indd 2-3

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CONSUMPTION PROCESS JOURNAL consumptionbook (urjuanedit).indd 4-5

Autonomous consumption represents consumption when income is zero. In estimation, this is usually assumed to be positive.The marginal propensity to consume (MPC), on the other hand measures the rate at which consumption is changing when income is changing. In a geometric fashion, the MPC is actually the slope of the consumption function. The MPC is assumed to be positive.Thus, as income increases, consumption increases. However, Keynes mentioned that the increases (for income and consumption) are not equal. According to him, â&#x20AC;&#x153;as income increases, consumption increases but not by as much as the increase in incomeâ&#x20AC;?

CONSUMPTION PROCESS JOURNAL

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CONSUMPTION PROCESS JOURNAL

CONSUMPTION PROCESS JOURNAL

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CONSUMPTION PROCESS JOURNAL

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consumptionbook (urjuanedit).indd 10-11

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Dogme 95: Personification

Autonomous consumption represents consumption when income is zero. In estimation, this is usually assumed to be positive.The marginal propensity to consume (MPC), on the other hand measures the rate at which consumption is changing when income is changing. In a geometric fashion, the MPC is actually the slope of the consumption function. The MPC is assumed to be positive.Thus, as income increases, consumption increases. However, Keynes mentioned that the increases (for income and consumption) are not equal. According to him, â&#x20AC;&#x153;as income increases, consumption increases but not by as much as the increase in incomeâ&#x20AC;?

CONSUMPTION PROCESS JOURNAL

CONSUMPTION PROCESS JOURNAL

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CONSUMPTION PROCESS JOURNAL

CONSUMPTION PROCESS JOURNAL

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consumptionbook (urjuanedit).indd 16-17

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consumptionbook (urjuanedit).indd 18-19

Autonomous consumption represents consumption when income is zero. In estimation, this is usually assumed to be positive.The marginal propensity to consume (MPC), on the other hand measures the rate at which consumption is changing when income is changing. In a geometric fashion, the MPC is actually the slope of the consumption function. The MPC is assumed to be positive.Thus, as income increases, consumption increases. However, Keynes mentioned that the increases (for income and consumption) are not equal. According to him, â&#x20AC;&#x153;as income increases, consumption increases but not by as much as the increase in incomeâ&#x20AC;?

CONSUMPTION PROCESS JOURNAL

CONSUMPTION PROCESS JOURNAL

Dogme 95: Mono

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CONSUMPTION PROCESS JOURNAL

CONSUMPTION PROCESS JOURNAL

consumptionbook (urjuanedit).indd 20-21

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consumptionbook (urjuanedit).indd 22-23

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Frequency

Autonomous consumption represents consumption when income is zero. In estimation, this is usually assumed to be positive.The marginal propensity to consume (MPC), on the other hand measures the rate at which consumption is changing when income is changing. In a geometric fashion, the MPC is actually the slope of the consumption function. The MPC is assumed to be positive.Thus, as income increases, consumption increases. However, Keynes mentioned that the increases (for income and consumption) are not equal. According to him, â&#x20AC;&#x153;as income increases, consumption increases but not by as much as the increase in incomeâ&#x20AC;?

CONSUMPTION PROCESS JOURNAL

CONSUMPTION PROCESS JOURNAL

consumptionbook (urjuanedit).indd 24-25

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CONSUMPTION PROCESS JOURNAL

CONSUMPTION PROCESS JOURNAL

consumptionbook (urjuanedit).indd 26-27

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consumptionbook (urjuanedit).indd 28-29

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Signal

Autonomous consumption represents consumption when income is zero. In estimation, this is usually assumed to be positive.The marginal propensity to consume (MPC), on the other hand measures the rate at which consumption is changing when income is changing. In a geometric fashion, the MPC is actually the slope of the consumption function. The MPC is assumed to be positive.Thus, as income increases, consumption increases. However, Keynes mentioned that the increases (for income and consumption) are not equal. According to him, â&#x20AC;&#x153;as income increases, consumption increases but not by as much as the increase in incomeâ&#x20AC;?

CONSUMPTION PROCESS JOURNAL

CONSUMPTION PROCESS JOURNAL

consumptionbook (urjuanedit).indd 30-31

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CONSUMPTION PROCESS JOURNAL

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consumptionbook (urjuanedit).indd 32-33

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consumptionbook (urjuanedit).indd 34-35

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Signal

Autonomous consumption represents consumption when income is zero. In estimation, this is usually assumed to be positive.The marginal propensity to consume (MPC), on the other hand measures the rate at which consumption is changing when income is changing. In a geometric fashion, the MPC is actually the slope of the consumption function. The MPC is assumed to be positive.Thus, as income increases, consumption increases. However, Keynes mentioned that the increases (for income and consumption) are not equal. According to him, â&#x20AC;&#x153;as income increases, consumption increases but not by as much as the increase in incomeâ&#x20AC;?

CONSUMPTION PROCESS JOURNAL

CONSUMPTION PROCESS JOURNAL

consumptionbook (urjuanedit).indd 36-37

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consumptionbook (urjuanedit).indd 38-39

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consumptionbook (urjuanedit).indd 40-41

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Observe Autonomous consumption represents consumption

CONSUMPTION PROCESS JOURNAL consumptionbook (urjuanedit).indd 42-43

CONSUMPTION PROCESS JOURNAL

when income is zero. In estimation, this is usually assumed to be positive.The marginal propensity to consume (MPC), on the other hand measures the rate at which consumption is changing when income is changing. In a geometric fashion, the MPC is actually the slope of the consumption function. The MPC is assumed to be positive.Thus, as income increases, consumption increases. However, Keynes mentioned that the increases (for income and consumption) are not equal. According to him, â&#x20AC;&#x153;as income increases, consumption increases but not by as much as the increase in incomeâ&#x20AC;?

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CONSUMPTION PROCESS JOURNAL

CONSUMPTION PROCESS JOURNAL

consumptionbook (urjuanedit).indd 44-45

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CONSUMPTION PROCESS JOURNAL

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consumptionbook (urjuanedit).indd 46-47

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Titles Autonomous consumption represents consumption

CONSUMPTION PROCESS JOURNAL consumptionbook (urjuanedit).indd 48-49

CONSUMPTION PROCESS JOURNAL

when income is zero. In estimation, this is usually assumed to be positive.The marginal propensity to consume (MPC), on the other hand measures the rate at which consumption is changing when income is changing. In a geometric fashion, the MPC is actually the slope of the consumption function. The MPC is assumed to be positive.Thus, as income increases, consumption increases. However, Keynes mentioned that the increases (for income and consumption) are not equal. According to him, â&#x20AC;&#x153;as income increases, consumption increases but not by as much as the increase in incomeâ&#x20AC;?

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consumptionbook (urjuanedit).indd 50-51

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Laughter Test

Autonomous consumption represents consumption when income is zero. In estimation, this is usually assumed to be positive.The marginal propensity to consume (MPC), on the other hand measures the rate at which consumption is changing when income is changing. In a geometric fashion, the MPC is actually the slope of the consumption function. The MPC is assumed to be positive.Thus, as income increases, consumption increases. However, Keynes mentioned that the increases (for income and consumption) are not equal. According to him, â&#x20AC;&#x153;as income increases, consumption increases but not by as much as the increase in incomeâ&#x20AC;?

CONSUMPTION PROCESS JOURNAL

CONSUMPTION PROCESS JOURNAL

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CONSUMPTION PROCESS JOURNAL

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CONSUMPTION PROCESS JOURNAL

CONSUMPTION PROCESS JOURNAL

consumptionbook (urjuanedit).indd 56-57

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