MODEL OF AGGREGATE EXPENDITURE IN CLOSED PRIVATE MARKET ECONOMY - THEORETICAL ASPECT

Tsvetan Iliev

Abstract


The subject of this study is a model of the closed private market economy, and the subject of research is the role of the main factors at the level of production and employment  without the state participation  and without an  external sector, excluding the flows of exports and imports. For the purposes of the current research , we use quantitative indicators that illustrate the flow of aggregate expenditure in a closed national economy.

Keywords


consumption, investment, saving, aggregate costs in the economy

Full Text:

PDF

References


Galbrayt, Dzh. K. Patuvane prez ikonomicheskoto vreme. „Damyan Yakov”, S., 1999.

Demostenov, S., Teoreticheska politicheska ikonomiya. ch. І, S., 1991.

Keyns, Dzh. M. Obshta teoriya na zaetostta, lihvata i parite. Princeps, S., 2001.

Kirova, Al. Novoto keynsianstvo. Mikroikonomicheski osnovi i vrazka s makroikonomicheskata politika. Izd. na UNSS, S., 2010.

Nureev, R. Teorii razvitiya: novaye modeli ekonomicheskogo rosta (vklad chelovecheskogo kapitala). – Voprosay ekonomiki, 2000, № 9.

Savov, St. Maroikonomika. Shesto izdanie, „Trakiya – M”, S., 1999.

Slavenkov, B. Dzhon Meynar Keyns – revolyutsiyata prodalzhava. Nauchni trudove, Godishnik № 5, UI „Paisiy Hilendarski”, Plovdiv, 2007.

Fishar Stenli i dr. Ikonomika. Osnovi na mikro- i makroikonomikata. „Otvoreno obshtestvo”, S., 1997.

Aghion, Ph., P. Howitt. Endogenous Growth Theory. Cambridge, MIT Press, 1998.

Blomström, M., A. Kokko, F. Sjöholm. Growth and Innovation Policies for a Knowledge Economy: Experiences from Finland, Sweden and Singapore. Stockohlm School of Economics, Working Paper 156, October 2002.

Kaldor, N. Capital Accumulation and Economic Growth. In: Proceedings of a conference held by the International Economic Association. London, Macmilan, 1963.

Kalecki, M. Essays in the Theory of Economic Fluctuations. N. Y., 1939.

Krugman, P., A. Venables. Globalisation and the Inequality of Nations. – Quarterly Journal of Economics, 1995, vol. 110.

Matsuyama, K. Why Are There Rich and Poor Countries?: Symmetry – Breaking in the World Economy. NBER Working Paper, 1996, № 5697.

Romer, P. Increasing Returns and Long – Run Growth. – Journal of Political Economy, 1986, vol. 94.

Segestrom, P. Endogenous Growth without Scale Effect. – American Economie Review, 1998, vol. 88.


Refbacks

  • There are currently no refbacks.


New knowledge Journal of science Jubilee edition is financed by the National Science Fund of the Republic of Bulgaria – contract № ДНП 05/52 от 22.12.2016 in the competition of Bulgarian scientific periodicals – 2016

The contents of this publication do not necessarily reflect the position or opinion of the National Science Fund of the Republic of Bulgaria. The opinions expressed are those of the author(s) only and should not be considered as representative of the National Science Fund’s official position.

https://www.fni.bg/

National Science Fund of Bulgaria