Macroeconomics – the study of economic activity in the whole economy. It includes the study of: Economic growth – a steady rate of increase of national output Employment – a low level of unemployment Price stability – a low and stable rate of inflation External stability – a favorable balance of payments position Income distribution – an equitable distribution of income Circular flow of income model – the movement of spending and income through the economy. In a macroeconomics equilibrium
Premium Economics Inflation Gross domestic product
SOCIO-ECONOMIC FACTORS INFLUENCING THE ENTREPRENEURIAL DEVELOPMENT The emergence and development of entrepreneurship is not a spontaneous one but a dependent phenomenon of economic‚ social‚ political‚ psychological factors often nomenclature as supporting conditions for entrepreneurship development. These conditions may have both positive and negative influences on the emergence of entrepreneurship. Positive influences constitute facilitative and conductive conditions for the emergence of
Premium Entrepreneurship Venture capital Business
Diploma in Business Administration M. Jane Chong 3rd March ‚ 2011 Contents | Title | Page | 1.0 | Introduction | 3 | 2.0 | Macroeconomic Objectives | 4 | 3.0 * 3.1 * 3.2 | Economic GrowthThe ImportanceExample | 556 | 4.0 * 4.1 * 4.2 | UnemploymentThe ImportanceExample | 778 | 5.0 * 5.1 * 5.2 | InflationThe ImportanceExample | 9910 | 6.0 | Conclusion | 11 | 7.0 | References | 12 | 8.0 | Appendix | 13 | 1.0 Introduction This assignment is to discuss the importance
Premium Inflation Economics Unemployment
of Topic: This topic is chosen because it shows how the US Central Bank deal with their recession by using quantitative easing‚ which is closely related to monetary policy and how it affects the aggregate demand and aggregate supply. By using Economic Analysis: Monetary Policy: Objectives and Framework Central bank is a national bank that controls the quantity of money and banking services for its country’s government and commercial banks. Their responsibility is to stabilize currency‚ control
Free Monetary policy Inflation Central bank
constraint for CDs and DVDs will a. shift outward‚ parallel to the original budget constraint. b. shift inward‚ parallel to the original budget constraint. c. rotate outward along the CD axis because we can afford more CDs. d. rotate outward along the DVD axis because we can afford more DVDs. ANS: B PTS: 1 DIF: 2 REF: 21-1 TOP: Budget constraint MSC: Analytical 5. If the relative price of a concert ticket is 3 times the price of a meal at a good restaurant‚ then the opportunity cost of a concert ticket
Premium Consumer theory
Economic fluctuations are the rise and fall of economic activity relative to the long-term growth trend of the economy. U.S. Economic Fluctuations has two phases one is the periods of expansion and other is the contraction. The period of contraction includes recession and depression‚ Recession is mild contraction‚ a period of decline in total output and employment usually lasting at least two consecutive quarters. Depression is sharp decrease in the nation’s total production accompanied by high
Premium Business cycle Unemployment Inflation
Business Environment BBA 1st year – 2012-13 Introduction Business environment includes the ‘climate’ or set of conditions: economic‚ social‚ political or institutional which have a direct or indirect bearing on the functioning of business It signifies external forces‚ factors and institutions that are beyond the control of the business and they affect the functioning of a business enterprise. Features Business environment is the sum total of all factors internal & external
Premium Economic growth
Macroeconomic Status Neina Gonzalez Chamberlain College of Nursing Principles of Economics ECON-312N Professor Sarah Jenyk August 16‚ 2014 Macroeconomic Status Introduction This paper will discuss the macroeconomic situation of the United States‚ including but not limited to unemployment‚ inflation and recession and the effect of these things on the economy. The Problem
Premium Inflation Monetary policy Unemployment
Gross Domestic Product (GDP) Used to Measure the Business Cycle Gross Domestic Product (GDP) is used quarterly as an indicator of economic activity to measure the business cycle. A business cycle is when there are periods of economic growth and periods of economic decline. A business cycle consists of four stages‚ contraction‚ recession‚ expansion‚ and peak. Contraction is when the economy starts to slow down. When a contraction begins to occur the Federal Reserve will lower interest
Premium Monetary policy Macroeconomics
American Culture In The More Factor‚ by Laurence Shames‚ it is explained that the wholly American views of unending frontier‚ opportunity‚ and more have always been a part of who we are as a people. Over time these ideals and their growth have shifted from that of the physical world to that of economic expansion. Eventually society was faced with the realization that this growth is not sustainable‚ and that we must face this truth in order to reevaluate and shift our values to a more realistic view. I
Premium Ethics United States Morality