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How can macro economists use the micro economic theory to guide them in their work?
Wiki User
∙ 12y ago
economic theory can guide the economists to solve macroeconomic issues such as inflation, unemployment, deflationary and inflationary gaps, budget deficits etc.
Wiki User
∙ 12y ago
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Using macro economic indicators compare economic performance of Sudan with any other two Arabic or African countries during the period 2000 to 2006?
Using macro economic indicators compare economic performance of Sudan with any other two Arabic or African countries during the period 2000 to 2006?
What was Macro Polo's last voyage?
at James house
What are for major groups of macro molecules?
Carbohydrates,Proteins,Nucleic acid,Lipids
What macroenvironmental factors affected target performance during that period?
The macro environmental factors that affected Target's performance during the period were related to the demographic, economic, natural, technological, political, and cultural. The shifting dynamic between Target and Wal-Mart was the change in economic conditions such as Unemployment, sliding GDP growth which created an environment where most of the customers had less income. They should have followed their word "Pay Less" in their slogan. Target should have incorporated a feedback customer survey number online for consumers for feedback in case they needed to fix any external issues that buyers have had and why they choose to do business elsewhere.
What was cause of Tiberius's death?
You do not specify which Tiberius you are referring to. Tiberius was a common name. Naevius Sutorius Macro, the head of the Praetorian (imperial) Guard, ordered the murder of the emperor Tiberius after reports of his death turned out to have been premature. Caligula, the grand-nephew of Tiberius, had hastily taken over power on hearing the mistaken news. Macro sided with Caligula and had Tiberius smothered under a huge heap of clothes The famous Tiberius Gracchus and his supporters were clubbed to death by thugs hired by the senators
What is the comparism between micro economics and macro economics?
The main difference is that micro-economists are wrong about specific things, while macro-economists are wrong about things in general. Micro-economics is concerned with the behaviour(economic decisions) of an individual, firm or a particular industry. it includes, for instance, the decision of a firm to produce 50 units of a good, with its available resources. Macro-economics, on the other hand, is concerned with economic decisions regarding an economy as a whole. it includes government policies, regarding minimum wage rates, for example.
How does macro economics differ from micro economics?
Macro economic is differ from micro economic because macro economic study as a whole economics but micro economic study only of an individual.
How do you change the macro economic police bank?
bank how to changes in macro economic police
Is population considered as an economic issue if yes is it a macro or microeconomics?
Yes, it is an economic issue and it is a macro economic indicator.
Scope of micro and macro economics?
theory of income and employment: theory of general price level and inflation theory of economics macro theory of distribution' theory of international trade
What is scope of macroeconomics?
The scope of Scope of Macro Economics can be studied in the following theories :- 1. Theory of National Income 2. Theory of Employment 3. Theory of Money 4. Theory of General Price Level 5. Theory of Economic Growth 6. Theory of International Growth .
What is the dichotomy between macro economic and micro economic?
hehehe
Why do economists distinguish between micro- and macro-economics?
Microeconomics is the study of how individuals work in the economy. An individual does not have to be a single person; it may be a family, club, or even corporation. Macroeconomics first came about when John Maynard Keynes wrote "The General Theory" in the 1930s. "The General Theory" sought to explain the big ideas of an economic system. It looked at not only how individuals interact in an economic system, but how the economy changes overall. Measuring inflation or unemployment is an example of macroeconomics. Supply and demand is microeconomics.
What makes a theory a macro theory?
if marco polo aproves it
Is Differential Association theory macro?
No, Differential Association theory is a micro-level theory that focuses on how individuals learn criminal behavior through interactions with others in their social environment, such as family, peers, and media. It examines the process of social learning and how it influences individual behavior.
Does domestic macro economic environment effect all business segment alike?
No, the domestic macro economic environment doesn't impact each business the same way. Since businesses have different business models, the results of the macro economic environment depends on the business.
Explain the micro and macro theories used by criminologists?
The larger scale theories generally fall into the category called Macro theories and they are generally considered to be concerned with social structures and the effects of those structures on the human behavior while Micro theories are considered to be theories and are concerned with trying to explain the individual level causes of crime and delinquency.
