DDC 339 to 339.53

339 Macroeconomics: EO↕ or EO↕ (N1h) – TT [Theory of business cycles]

339.2 Distribution of income and wealth: ED; ED (EO – EI1) [Note: This is not macro]

339.2 Distribution of income and wealth among factors of production: ED (EO5 ~ EO6) [wages compared to profits] Can also distinguish interest EO7 and rent EO8 if particular attention is paid to these.

339.22 Distribution of aggregate personal income and wealth: ED or ED (EO – EI1)

[same as above]

Consumer income: EO (I∑) [individual income]

Household income: EO (NB2)

339.23 Input-output analysis: EO9 ↔gc EO9∑

Data on specific industries: EO9yyy – TM0d

339.26 Flow of funds accounts: EO9 ↔rp EO9∑

339.3 Product and income accounts: EO – TM0d

339.31 Gross domestic product: EO (N1c) – TM0d

Gross national product: EO (EI1 ^ N1c) – TM0d [The difference is that GNP includes profits in the country of ownership rather than production.]

Subdivide by country or region: replace N1c with Nyyy

339.32 Income accounts:

Net national product: (EO (N1c) + (EO2 \ EO9/)↓) – TM0d [GDP minus depreciation]

National income: Same as GDP or GNP

Personal income: EO (I∑) [as above]

Disposable personal income: EO (I∑) \ EO1 [income for consumption]

339.33 to .39 Subdivided by locality.

339.4 Factors affecting income and wealth: → EO; → EO – EI1

339.41 Income in relation to consumption: EO ↔ EO1

Many works are EO → EO1 or EO1 → EO

Accelerator principle: EO2↑ → EO↑ [a quite different thing]

339.42 Cost of living: EI7a∑ ~ EO1

Effects of rising costs: EI7a∑↑ →

Purchasing power: EI7a∑ ~ EO (I∑)

339.42 Savings and investment: (I →rp EI5) ↔ EO2

Many works are → or ← only.

Multiplier: (EO (I∑))↑ ↔ EO1↑ [a quite different thing]

Relation of consumption and savings: (I →rp EI5) ↔ EO1

Capital formation: → gc (EO9 / EO2) As way above.

339.46 Poverty: (EO (I∑))(QC8) ^ SOC5

Causes of: →

339.47 Consumption: EO1

Standard of living: EO1 (EO9) [link to cost of living]

339.48 Consumption of particular products or services: EO1 (EO9yyy)

339.49 Conservation of economic resources (natural, human, made): Q(N)↑ is the general default for conservation; Facilitating labour would be →ga SO0. Conserving capital would be →ga (EO9 / EO2)

Subdivided by places in general and particular

339.5 Macroeconomic policy: PI2a →ga EO↕

Full employment policy: PI2a →ga EO↕2

Growth policy: PI2a →ga EO↑

Wage/price policy: PI2a →rs PI7a∑

Equilibrium: EO↕∩

339.52 Fiscal policy: PI2a ↔rp

To limit cycles: (PI2a ↔rp) →ga EO↕

Income redistribution: →gt ED

Fiscal policy for income redistribution: (PI2a ↔rp) →gt ED [a quite different thing]

339.522 Government spending: PI2a →rp [as above in public finance]

Transfer payments: PI2a →rp PI2a

339.523 Budget surpluses and deficits: PI2a →rp ~ PI2a ←rp [expenditures compared to taxes]

339.525 Taxes: PI2a ←rp

339.53 Use of monetary policy: (PI2a →rs EI5a) →

Setting interest rates: PI2a →rs EI7a (EO7)

Open market operations: EI5e (PI2a →rs EI5a) ↔rp EI5c

Reserve requirements: PI2a →rs (EO9 / EO2) EI5e [controlling the capital of banks]

Regulation of bank credit: PI2a →rs (EI5e ←rs EO7) [controlling loans]