Concept Map — Consumption, Saving & Investment
An interactive concept map of Module 3 (ECON 202): the determinants of consumption and saving, the user cost of capital and desired investment, and how the real interest rate clears the goods market. Hover to trace a concept, click for the definition and formula, or press Build to watch the chapter assemble lecture-by-lecture.
Focus question: How do households and firms decide to consume, save, and invest — and what makes those plans consistent in the goods market? This map lays out Module 3 (Abel Ch. 4) as a connected set of ideas. The three coloured spines are the three sections; the blue dashed cross-connections (revealed on demand) are where the chapter's deep structure lives — above all the real interest rate, the single price that ties saving, investment, and equilibrium together.
How to read: read box → label → box as a sentence; general ideas on top, specifics below.
- Hover — trace its links
- Click — one-line what & why
- Filter — by section or cross-links
- Build the chapter — watch it assemble
- 📈 — this bubble has a graph/figure
* The design follows Novak & Gowin's concept-mapping framework, grounded in Ausubel's theory of meaningful learning — the point is to see the connections, not to memorise a list.