BASIC INTRODUCTION TO MACROECONOMICS‚ TOOLS AND TERMINOLOGIES By- Rhit Srivastava MBA –PM(05) IIHMR Economics • Economics is the social science that studies economic activity to gain an understanding of the processes that govern the production‚ distribution and consumption of goods and services in an exchange economy Types of economics • Macro economics : Concentrate on large picture of economy. • Microeconomics: • Microeconomics deals with behavior of individual market and the business‚ consumer
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Introduction to Macroeconomics Chapter 1 Introduction to Macroeconomics 1.1 INTRODUCTION • • • • • • • Economics is divided into two main branches: microeconomics and macroeconomics. Macro means large‚ and micro means small. Microeconomics takes a close-up view of the economy by concentrating on the choices made by individual participants in the economy such as consumers‚ workers‚ business managers and investors. Microeconomics stresses on the role of prices in business and personal decisions
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Studies Macroeconomic Considerations By Natasha Jones Business Studies Macroeconomic Considerations Study of the behaviour of the whole (aggregate) economies or economic systems Lawnswood [Type the company address] [Type the phone number] [Type the fax number] Study of the behaviour of the whole (aggregate) economies or economic systems Lawnswood [Type the company address] [Type the phone number] [Type the fax number] My Report: Macroeconomic Policies; Macroeconomic policies
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Fundamentals of Macroeconomics ECO/372 Macroeconomics October 23‚ 2012 Fundamentals of Macroeconomics The purpose of this paper is to describe the following terms: gross domestic product (GDP)‚ Real GDP‚ Nominal GDP‚ Unemployment rate‚ inflation rate‚ and interest rate. Then we have to describe how purchasing of groceries‚ massive layoff of employees‚ and decrease in taxes affects government‚ households‚ and businesses. Learning and understanding the terminology of economics and what really
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Fundamentals of Macroeconomics Fundamentals of Macroeconomics Throughout this paper I will provide an explanation of the following terms: Gross domestic product (GDP)‚ Real GDP‚ Nominal GDP‚ Unemployment rate‚ Inflation rate‚ and Interest rate. Within this paper I will consider purchasing of groceries‚ massive layoff of employees‚ and decrease in taxes as examples of economic activities. I will then describe how each of these activities affects government‚ households‚ and businesses as well
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1. He didn’t pass his driving test. He wishes he _____ it. A) have passed B) had passed C) will pass D) pass 2.I have to work about 80 hours a week‚ so I’m very busy. But if I_____ any spare time‚ I _____ a sport like golf. A) will have / will take up B) had / will take up C) will have / had D) had / would take up 4. He ______ in the library every night for the last two months. A) would be studying B) will have studied C) has been studied D) has been studying 5.A: Would
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Online shoppings is the best worldwide trading.There are several common problems could go wrong with online shopping in which dealing process easy to be cheated‚ payment process is complicated‚delivery process go wrong. Dealing with online shopping is easy to be cheated.for example we do not know what is the condition of the item.besides that dealing on online shopping can revealed people to be cheated if we have pay for the item‚but the item we not received.we must know we dealing from whom.otherwise
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EC301 Open-Book Midterm Exam (Weight 110 points) 1. (7 points) How are presidential election outcomes related to the performance of the economy? 2. (7 points) Discuss the difference between Microeconomics and Macroeconomics. 3. (10 points) Use the concepts of gross and net investment to distinguish between an economy that has a rising stock of capital and one that has a falling stock of capital. “In 1933 net private domestic investment was minus $6 billion. This means that in that particular
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Cut Odds of Early 2012 Rate Increase." Wall Street Journal (Online). 3 June 2011. Web. 3 June 2011. 4. Soloman‚ Deborah‚ and Randall Smith. "Banks May Need More Capital." Wall Street Journal (Online). 4 June 2011. Web. 4 June 2011. 5. "U.S. Macroeconomic Outlook." Dismal Scientist. 13 May 2011. Web. 1 June 2011. 6. Zandi‚ Mark. "The Impact of the Recovery Act on Economic Growth." Dismal Scientist (2009): 1-17. Web. 1 June 2011.
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Macroeconomics Coursework assignment word count: 1802 Marco Lau What are the main means by which unemployment can be controlled? Unemployment‚ the state of being unemployed‚ especially involuntarily can cause big problems in our modern world. But how does one measure such an enormous prospect? When measuring unemployment it is first necessary to measure the working population‚ as not every person is able to work. Looking at the elderly and young children as
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