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Economics Don't Lie,see Why I Said So. by Gunite: 3:56pm On Sep 13, 2014 |
Economics don't lie.C=y+s and S=y-c were c=consumption, y=Income and s=saving.What am saying is that consumption depends on income and saving,on other hand saving is that part of income that is not consumed either income minus consumption. Did economics lie? |
Re: Economics Don't Lie,see Why I Said So. by Mczigx(m): 4:32pm On Sep 13, 2014 |
Mathematically S=c-y |
Re: Economics Don't Lie,see Why I Said So. by chukwuinya: 4:54pm On Sep 13, 2014 |
sure C = cy etc bt i beg to differ in ur 1st fxn cos Y=C+S hence C = Y-S except if u can prove otherwise, |
Re: Economics Don't Lie,see Why I Said So. by chukwuinya: 4:56pm On Sep 13, 2014 |
Mczigx: Mathematically S=c-yhow true? Are u saying that ur savings is a fxn of ur consumption less ur income,if for any reason ur C is greater than ur Y then u r dissaving in other words u r eating deep into ur saving and sooner than later u r in debt |
Re: Economics Don't Lie,see Why I Said So. by Gunite: 5:07pm On Sep 13, 2014 |
Y=c+s, but S=y-c.If u hv #20 and u consume #10 for all your expenses, the #10 left is your saving. |
Re: Economics Don't Lie,see Why I Said So. by Gunite: 5:13pm On Sep 13, 2014 |
chukwuinya: how true? Are u saying that ur savings is a fxn of ur consumption less ur income,if for any reason ur C is greater than ur Y then u r dissaving in other words u r eating deep into ur saving and sooner than later u r in debtI like this,kudos. |
Re: Economics Don't Lie,see Why I Said So. by chukwuinya: 6:37pm On Sep 13, 2014 |
Gunite: I like this,kudos.taking me back to the classroom.tanx anyway. Are u a lover of Economics or an Economist or aspiring to be |
Re: Economics Don't Lie,see Why I Said So. by Mczigx(m): 7:34pm On Sep 13, 2014 |
chukwuinya: how true? Are u saying that ur savings is a fxn of ur consumption less ur income,if for any reason ur C is greater than ur Y then u r dissaving in other words u r eating deep into ur saving and sooner than later u r in debtu're correct i didnt c it wel |
Re: Economics Don't Lie,see Why I Said So. by chukwuinya: 7:41pm On Sep 13, 2014 |
Mczigx:u r welcome sir |
Re: Economics Don't Lie,see Why I Said So. by Gunite: 8:25pm On Sep 13, 2014 |
In final year studying economics,i love this course like mad. |
Re: Economics Don't Lie,see Why I Said So. by chukwuinya: 6:44pm On Sep 14, 2014 |
Gunite: In final year studying economics,i love this course like mad.k,really gud |
Re: Economics Don't Lie,see Why I Said So. by lawrenceunaa: 8:06pm On Sep 14, 2014 |
op u made a mistake it should be: C=y-s |
Re: Economics Don't Lie,see Why I Said So. by Gunite: 8:37pm On Sep 14, 2014 |
Am doing economics maths.C=a+byd not y-s.when u hv income,u consume first b4 u can save u don't save b4 consuming. So S=y-c. |
Re: Economics Don't Lie,see Why I Said So. by chukwuinya: 8:08am On Sep 15, 2014 |
Gunite: Am doing economics maths.C=a+byd not y-s.when u hv income,u consume first b4 u can save u don't save b4 consuming. So S=y-c.pls can u define this ur consumption fxn |
Re: Economics Don't Lie,see Why I Said So. by destante(f): 8:58am On Sep 15, 2014 |
Lol I hope you guys don't postulate new economics theory here. |
Re: Economics Don't Lie,see Why I Said So. by Mczigx(m): 1:24pm On Sep 15, 2014 |
destante: Lol I hope you guys don't postulate new economics theory here.Guess dats abt 2 appen |
Re: Economics Don't Lie,see Why I Said So. by Gunite: 5:54pm On Sep 15, 2014 |
chukwuinya: pls can u define this ur consumption fxnC=a+byd , were a =autonomous income, b=induce or marginal propensity to consume and yd=disposable income. |
Re: Economics Don't Lie,see Why I Said So. by destante(f): 7:28pm On Sep 15, 2014 |
Mczigx: |
Re: Economics Don't Lie,see Why I Said So. by Gunite: 10:11pm On Sep 15, 2014 |
New economic theories are allowed. |
Re: Economics Don't Lie,see Why I Said So. by chukwuinya: 9:39am On Sep 16, 2014 |
Gunite: C=a+byd , were a =autonomous income, b=induce or marginal propensity to consume and yd=disposable income.autonomous consumption rather,but one may be forced to ask to what extent really is that part of ones consumption autonomous,i mean can we prove it even to the lay man on the street that there is a part of his consumption that is not dependent upon how much he earns.which means that even when he decide to stay out of work he will not die of hunger and still settle his bills |
Re: Economics Don't Lie,see Why I Said So. by Mczigx(m): 12:51pm On Sep 16, 2014 |
Wo wo wo hold n dere am lost |
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