View all 1 notes for Keynesian Economics, written by Alan Coddington. All Keynesian Economics notes, flashcards, summaries and study guides are written by your fellow students or tutors. Get yourself a Keynesian Economics summary or other study material that matches your study style perfectly, and studying will be a breeze.
Author(s)
Alan Coddington
ISBN
9780415313681
Publisher
Psychology Press
Language
en
All
1 results
Sort by:
Newest Keynesian Economics summaries
Summary
Cardinalist theory explained
-
-
-
24
June 2021
2020/2021
CARDINALIST THEORY:

Cardinal utility theory

Concept of utility

Marginal utility

Assumptions (axiom) made under cardinal approach

Derivation of the equilibrium condition for the consumer

Derivation of the demand curve for the consumer

Critique of the cardinal approach