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Reference.org
Aggregate behavior
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<p>In <a href="/facts/Economics/HYctA2Dn">economics</a>, aggregate behavior refers to economy-wide sums of individual behavior. It involves relationships between economic aggregates such as <a href="/facts/National_income/XfyDGasx">national income</a>, <a href="/facts/Government_expenditure/3x42TKTD">government expenditure</a>, and <a href="/facts/Aggregate_demand/LrIyvUMD">aggregate demand</a>. For example, the <a href="/facts/Consumption_function/24B9vuKA">consumption function</a> is a relationship between <a href="/facts/Aggregate_demand/LrIyvUMD">aggregate demand</a> for <a href="/facts/Consumption_(economics)/k3eeT8bw">consumption</a> and aggregate <a href="/facts/Disposable_income/s07hDVV0">disposable income</a>. </p><p>Models of aggregate behavior may be derived from direct observation of the economy, or from models of individual behavior. Theories of aggregate behavior are central to <a href="/facts/Macroeconomics/4dcQAdCr">macroeconomics</a>. </p>