MARKET KNOWLEDGE

Basic Macroeconomics - Part 2: Goods Market Equilibrium

How does the balance between income - consumption - investment - savings take place in an economy? Example with a simple model for a closed economy.

You may not realize it, but every day you are participating in the Financial Market and Goods Market. So what are these markets and how do they affect the economy? We will explore these two main markets in parts 2 and 3 of Viet Hustler's Basic Macroeconomics series.

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