Macroeconomics

              CONSUMPTION THEORY (MACROECONOMICS)

      

                                                                                   

                                                                                  BY :

                                                       Name : Michael Jonatan Sihombing
                                     NPM  : 1610631030180

                                 

ACCOUNTING – A8

ECONOMIC & BUSINESS FACULTY

SINGAPERBANGSA KARAWANG UNIVERSITY

2016

Preface

Thanks to Jesus who gave me health so that I was able to complete this task. thanks also to my parents who have been praying for me and that always gives me motivation for me to be more active in learning and also thanks to Mr. Irvan Yoga Pardistya, SE., MM., Ak, who has given me this task so that I can better understand what it is macroeconomics. So that I can say, If there are words in this task please proclaimed inappropriate. Thank You.

                                                                                                  MICHAEL JONATAN SIHOMBING

                                                                                                              NPM: 1610631030180

1. What is Consumption Theory ?

•            Consumption is any activity that is used for the purpose of taking the usefulness of a product and services. Products and services may include goods or objects, as well as a type of service or services. Consumption activities is intended to meet all the needs that are important or even merely pleasure and satisfaction in real time. Consumer goods are goods that are produced with the intention to be used by the community in meeting their needs. Consumption activities is possible because the person who did the process of production or manufacture. Vice versa, the production activities there because someone conducting consumption of these products.

 source : http://ciputrauceo.net/blog/2015/7/13/pengertian-konsumsi-menurut-para-ahli-ekonomi-makro


2. Who are the Actors?

•           The actors is : Households, Firms, Goverments, and Foreign resident.

Source : Stephanie Schmitt-Grohe & Martin Uribe : International Macroeconomics, 2014 , page 48

3. Why is consumptions related with income ?

•           Because In general, the higher the disposable income, the higher the consumption

Source : Sanjay rode : Advance Macroeconomics, 2012 page 24

4. How can Income is major factors for consumptions ?

•           Because  there's a direct relationship beetwen disposable income and consumption.

Source : Sanjay rode : Advance Macroeconomics, 2012 page 24


References :

• http://ciputrauceo.net/blog/2015/7/13/pengertian-konsumsi-menurut-para-ahli-ekonomi-makro
• Stephanie Schmitt-Grohe & Martin Uribe : International Macroeconomics, 2014 
• Sanjay rode : Advance Macroeconomics, 2012