Month: March 2023

MEANING OF ADVOCACY Advocacy it involves  wide  range of activities  concerning  government  and non-governmental organization  as well as preserve groups  that entail mass sensitization  of people  who are vulnerable  to social injustice. It’s the process of influencing policies, legislation and Read More …

9.0 Introduction The expectation of consumers, banks and other businesses have pronounced effects on supply and demand in financial markets. If inflationary expectations increase, the supply of and demand for loanable funds shift, and higher interest rates result. Also bank’s Read More …

8.0 Introduction The IS-LM model is an aggregate demand model which gives best interpretation of Keynesian short-run macroeconomic model. The model takes price level as exogenous variable and shows what determines national income. IS-curve defines equilibrium in the goods market. Read More …

7.1 THE EFFECTS OF A SHIFT INAGGREGATE DEMAND Suppose that for some reason a wave of pessimism suddenly overtakes the economy. The cause might be a government scandal, a crash in the stock market or the outbreak of war overseas. Read More …

6.1 The model of aggregate supply and aggregate demand The amount of output depends on the economy’s ability to supply goods and services, which in turn depends on the supplies of capital and labour and on the available production technology. Read More …

5.0 Introduction The Central Bank of Kenya (CBK), like most other central banks around the world, is entrusted with the responsibility of formulating and implementing monetary policy directed to achieving and maintaining low inflation as one of its two principal Read More …