Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for analyzing economic and financial data and sharing it with others. An autonomous expenditure describes the ...

The point and aim of an economy is the people keep getting better off. Consumption makes up some 70% of all demand in the economy, meaning that if consumption is rising so, likely, will the whole of ...

The relationship between income and expenditure is often called a consumption schedule. It is used to describe economic trends in the household sector. When there is more money or anticipation of ...

AGGREGATE expenditure is the total amount spent of the economy’s output by all households, firms, foreigners as well as the government. The components of aggregate expenditure consist of household ...

The income expenditure model of economics was developed by John Maynard Keynes to explain fluctuations in production of goods and services and spending. The model basically states that we produce as ...

The story so far: The Union Budget for 2022-23 has projected a fiscal deficit of 6.4% of nominal GDP, a narrowing from the 6.9% assumed in the revised estimates for the current fiscal year ending on ...

For economists trying to measure the health of an economy, there are a number of similar sounding but slightly different concepts that can confuse those without a background in macroeconomics. Two of ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Vikki Velasquez is a researcher and ...

Aggregate U.S. expenditures on gasoline will decrease as a share of disposable income in 2024 and 2025, according to the EIA. Aggregate U.S. expenditures on gasoline will decrease as a share of ...

The January Core Personal Consumption Expenditure Price Index report of 0.6% month-to-month gain was 0.2% higher than anticipated. U.S. Treasury yields rise as the Federal Reserve is expected to hold ...

Professor Angela Druckman (Centre for the Understanding of Sustainable Prosperity, University of Surrey) Ian Gough, Visiting Professor CASE and Grantham Research Institute, LSE. Abstract: This paper ...

This is another look at the idea I put forth here, that - contra the standard economic idea that consumption depends on wealth - I believe that consumption depends on income. It's worth stressing that ...