Macroeconomics

Parent Category: Economics
Macroeconomics addresses the economy as a whole, instead of individual markets.
Potential growth refers to the maximum capacity an economy can grow at, it is always greater than actual growth because an economy cannot realistically function at full capacity. By full capacity i mean full employment, using all resources the most efficient way. Technically there shouldn't be any...
Macroeconomics was called "Political Science" and microeconomics was simply "economics" in those days, but the difference was already there.
Example of microeconomics Deciding what to do with your time and money. buying or selling on eBay. visiting a large city . reading about a soccer game. behavior of household and firms. Example of macroeconomics technology countries gross domestic product land reform market Economy wide issues such...
difference in methodology for microeconomics and macroeconomics?
Which level does macroeconomics focus on?
Limitations of macro-economics The significances of the study of micro-economics remarkably increased after it was developed and popularised by J.M Keynes.But macro-economics has following limitations. 1. Danger of excessive thinking in terms of aggregates :There is danger of...
they both are related as they guide us how to utilize our resources in good manner.
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Advanced macro economis. Romer 4th edition
The nature and scope of microeconomics is specified to a particulareconomy. This means that it does not focus on too much risk ascompared to macroeconomics which looks at the entire economy.
Macro Economics is a branch of economics that deals with the performance, structure, and behavior of a national or regional economy as a whole. Along with microeconomics, macroeconomics is one of the two most general fields in economics. Macroeconomic is a contribution of various economic factors...
Micro economics is concerned with single markets such as the market for steel or cars or clothes and the supply and demand in that single market. Macroeconomics is much broader and considers economic aggregates i.e. the output for the whole country and the "general" price level. This involves the...
Here is one example.  People not wanting to buy because of the economic conditions.. \n
Supply is USUALLY upward sloping, the only case (I think) where supply is vertical is when you are talking about the money supply and interest rates.  This is because the money supply is set by the Fed, and so does not vary.  . \n
Fiscal Policy: changing government spending or taxes to shift aggregate demand. Monetary Policy: Fed controls interest rates and supply of money by buying or selling bonds, changing the reserve ratio, and/or changing the discount rate (rate at which banks lend to each other) i.e. Fed increases...
1. social justice - based on the principle that all the exists in the Universe belongs to Allah. Man, being God's vicegerent on earth have been granted the ownership of this bounties. He must therefore use whatever is given to him as a trustee and not as an absolute owner. - Islam insist on a...
none of the above. or all of the above for plato!
They do, but inflation will result, the monetarist view of the natural rate is that it is the non accelerating inflation rate of unemployment (NAIRU) to move below this will result in high inflation and is therefore not worth the benefit of the reduced unemployment.
Macroeconomics is the study of economics on a grand scale. Thesubject is important as it is used to make predictions about theeconomy.
The main relationship between microeconomics and macroeconomics arethat they are both studies of economics and they both deal witheconomic factors. Microeconomics deals with economics on a smallscale and is broken down into smaller, more individual areas.Macroeconomics deals with economics on a...
inflation,transportation,unemployment
Macroeconomic is a branch of economic dealing with the performance structure behavior and decision making of whole economy
There is no such thing as neoclassical macroeconomics, only new classical macroeconomics. Neoclassical economics is a dominant school of microeconomics which relies on the use of supply and demand models in order to determine prices, outputs and income distributions and bases its models on utility...
Macro Economics is not considering only the out put without having any input. Macroeconomics is that branch of Economics which study the overall economic system or entire economy or aggregate variables. Such as total or national income(for Afghanistan 13 bn $), total employment(15 mn), total or...
Macroeconomics is concerned with the functions, interactions, and changes in the larger economic. Macroeconomics represents aggregate economic decisions, which are the sum of individual decisions. Macroeconomics does not need to be associated with the economy as a whole, but it usually is.