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Intertemporal Choice between Present and Future Consumption

Опубликовано: 20 Январь 2025
на канале: Rudrarup Mukherjee, Economics [Faculty RTC]
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This video explains the tradeoff between current and future consumption, and the determination of equilibrium present and future consumption by the behaviour of constrained utility maximization.
Suggested Reading: Mankiw, N.G (2010), Macroeconomics (7th Ed), Chapter 17.2

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