Economic Consumption: Mastering Economic Consumption, Your Path to Informed Decision-Making

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What is Economic Consumption


The act of satisfying one's immediate needs and desires through the utilization of available resources is known as consumption. It stands in contrast to investing, which can be defined as making expenditures with the intention of acquiring future revenue. Consumption is a fundamental notion in economics, in addition to being researched in a wide variety of other fields within the social sciences.


How you will benefit


(I) Insights, and validations about the following topics:


Chapter 1: Consumption (economics)


Chapter 2: Keynesian economics


Chapter 3: Macroeconomics


Chapter 4: IS-LM model


Chapter 5: Consumer choice


Chapter 6: Aggregate demand


Chapter 7: Normal good


Chapter 8: Marginal propensity to consume


Chapter 9: Law of demand


Chapter 10: Consumption function


Chapter 11: Revealed preference


Chapter 12: Goods


Chapter 13: Average propensity to consume


Chapter 14: Permanent income hypothesis


Chapter 15: Consumption smoothing


Chapter 16: Multiplier (economics)


Chapter 17: Keynesian cross


Chapter 18: Absolute income hypothesis


Chapter 19: Random walk model of consumption


Chapter 20: Preference (economics)


Chapter 21: Index of economics articles


(II) Answering the public top questions about economic consumption.


(III) Real world examples for the usage of economic consumption in many fields.


(IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of economic consumption


Who this book is for


Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of economic consumption.

Despre autor

Fouad Sabry is the former Regional Head of Business Development for Applications at HP in Southern Europe, Middle East, and Africa (SEMEA). Fouad has received his B.Sc. of Computer Systems and Automatic Control in 1996, dual master’s degrees from University of Melbourne (UoM) in Australia, Master of Business Administration (MBA) in 2008, and Master of Management in Information Technology (MMIT) in 2010. 

Fouad has more than 20 years of experience in Information Technology and Telecommunications fields, working in local, regional, and international companies, such as Vodafone and IBM in Middle East and Africa (MEA) region. Fouad joined HP Middle East (ME), based in Dubai, United Arab Emirates (UAE) in 2013 and helped develop the software business in tens of markets across Southern Europe, Middle East, and Africa (SEMEA) regions. Currently, Fouad is an entrepreneur, author, futurist, focused on Emerging Technologies, and Industry Solutions, and founder of One Billion Knowledgeable (1BK) Initiative.

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