It is not so much an example as a part of the general subject. When the social system results in some people being unemployed and the magnitude of the phenomena is visable as a part of the whole, then it can be regarded as examplcular.
Micro: behavior of households and firms. Macro: economy wide issues such as unemployment, inflation, econ. growth/development.
economyic example
Macroeconomics, the study of the behaviors and activities of the economy as a whole, looks at such areas as the Federal Reserve System, unemployment, gross domestic product, and business cycles.
Potential output is the capacity to produce should all factors be employed in an economy. For example, it is the output should there be no unemployment, no spare labour and no spare capital. It is unlikely that actual output will be the same as potential ouput since there is always unemployment.
tightening the family budget
Micro: behavior of households and firms. Macro: economy wide issues such as unemployment, inflation, econ. growth/development.
Macroeconomics is concerned about overall performance of the economy.Deals with the economic behaviour of aggregates national income, output, overall price and unemployment.
economyic example
Macroeconomics, the study of the behaviors and activities of the economy as a whole, looks at such areas as the Federal Reserve System, unemployment, gross domestic product, and business cycles.
Potential output is the capacity to produce should all factors be employed in an economy. For example, it is the output should there be no unemployment, no spare labour and no spare capital. It is unlikely that actual output will be the same as potential ouput since there is always unemployment.
tightening the family budget
cutting state income taxes
cutting state income taxes
To promote economic growth To manage unemployment to low levels To manage inflation to low levels
Unemployment is the main cause of poverty. Even in poor countries, when everyone is employed it usually means that there is an equality of opportunity to work by the free availability of the land and capital. However, when either of these two factors of production are limited or stopped, unemployment will result along with poverty. <><> Since macroeconomics deals with how governments should help the social system and many of its communities to progress, the problem of poverty is a major one along with the associated unemployment.
How to avoid the occurrence of economic depressions and slumps.
Malcolm C. Sawyer has written: 'Unemployment, imperfect competition and macroeconomics' -- subject(s): Competition, Imperfect, Imperfect Competition, Keynesian economics, Macroeconomics, Unemployment 'The Economics of Industries and Firms' -- subject(s): Business enterprises, Industrial organization (Economic theory) 'Microeconomics, macroeconomics and economic policy' -- subject(s): Microeconomics, Macroeconomics, Economic policy 'Business pricing and inflation' -- subject(s): Pricing, Inflation (Finance) 'A future for public ownership' -- subject(s): Government ownership 'The Challenge Radical Political Economy' 'Income distribution in O.E.C.D. countries' -- subject(s): National income, Income distribution, Accounting, Budget, Organization for Economic Cooperation and Development 'Finance, money, and unemployment' -- subject(s): Monetary policy, Unemployment, Finance, Full employment policies