Investment Function PDF

Summary

This document discusses investment function. It details the meaning of investment, distinguishing between financial and real investment, and exploring autonomous and induced investment. It also examines factors determining investment, including marginal efficiency of capital and interest rates.

Full Transcript

UNIT II fuos”k Qyu (INVESTMENT FUNCTION) tSlk fd fdUl ds jkstxkj fl)kUr esa Li’V gks pqdk gS fd larqyu dh n”kk esa lexz ekax ,oa lexz iwfrZ ,d&nwljs ds cjkcj gksrh gSA ;gka lexz ekax esa Hkh nks rjg dh ekax lfEefyr gksrh gSa&miHkksx ekax ,oa fuos”k ekaxA pafw d...

UNIT II fuos”k Qyu (INVESTMENT FUNCTION) tSlk fd fdUl ds jkstxkj fl)kUr esa Li’V gks pqdk gS fd larqyu dh n”kk esa lexz ekax ,oa lexz iwfrZ ,d&nwljs ds cjkcj gksrh gSA ;gka lexz ekax esa Hkh nks rjg dh ekax lfEefyr gksrh gSa&miHkksx ekax ,oa fuos”k ekaxA pafw d miHkksx izo`fRr vYidky eas fLFkj gksrh gS blfy;s vk; ,oa jkstxkj ds fu/kkZj.k esa fuos”k vf/kd egRoiw.kZ gSA fuos”k dk vFkZ Meaning of Investment- fuos”k ds vFkZ dks ge nks Hkkxksa esa foHkDr dj ldrs gSa&  foRrh; fuos”k Financial Investment lk/kkj.kr% O;fDr;ksa ds }kjk “ks;j] ckaM vFkok ljdkjh izfrHkwfr;ksa esa /ku yxkus dks foRrh; fuos”k dgk tkrk gS D;kafs d fdlh O;fDr dk nwljs O;fDr ls “ks;j [kjhnus ij okLrfod iwath esa dksbZ o`f) ugha gksrhA  okLrfod fuos”k Real Investment iwt a hxr inkFkksZa tSls e”khus]a midj.k] vkStkj] fuekZ.k dk;Z] lkoZtfud fuekZ.k dk;Z tSls fd edku] dkj[kkus] ugj] cka/k] iqy bR;kfn esa o`f) dks okLrfod fuos”k dgk tkrk gS D;ksfa d buls jk’Vªh; vk; esa okLrfod o`f) gksrh gSA bl iwt a h fuos”k dks ge nks Hkkxksa esa foHkDr dj ldrs gS& a  Lora= vFkok Lok;Rr fuos”k Autonomous Investment ;g fuos”k ljdkj ds }kjk tudY;k.k gsrq fd;k tkrk gS blesa ykHk&gkfu dk dksbZ iz”u gh iSnk ugha gksrkA bls vk; lkis{k Hkh dgk tkrk gSA  Ikzsfjr fuos”k Induced Investment ;g fuos”k ykHk dekus ds /;s; ls fd;k tkrk gS RkFkk ;g ewY;ksa] C;kt dh nj bR;kfn esa gq, ifj.kkeksa ls ifjofrZr gksrk gSA isfz jr fuos”k fuHkZj djrk gS&  vk; ij  vk; dh yksp ij  ;g O;fDrxr O;fDr;ksa ds }kjk ykHk dks /;ku fd;k tkrk gSA Lora= fuos”k fuHkZj djrk gS&  ;g vk; ,oa vk; dh yksp ij fuHkZj ugha djrk gS  lkekU;r% ;g ljdkj ds }kjk fcuk ykHk dks /;ku esa j[krs gq, fd;k tkrk gSA fuos”k dks fu/kkZfjr djus okys ?kVd vFkZ Factors of Determining Investment fuos”k dks izkRs lkgu nsus ds fy;s nks eq[; rRo gksrs gSa&  Ikwath dh lhekUr {kerk  C;kt dh nj C;kt dh nj lkekU;r% fLFkj gksrh gS vr% iwt a h fuos”k dks izkRs lkfgr djus dk dk;Z vf/kdka”kr% iwt a h dh lhkekUr {kerk vFkkZr Hkfo’; esa laHkkfor ykHk dh vk”kk gh djrh gSA ;fn Hkfo’; esa ykHk gksus dh vk”kk vf/kd gksxh rks fuos”k dh ek=k c

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