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Macroeconomics

What is Macroeconomics?Macroeconomics

Macroeconomics looks at economics at a bigger picture,  the economy wide level.

Learning about macroeconomics allows you to to make informed comparisons between countries and understand the consequences of economic growth, inflation and high unemployment.

Understanding the relationships between production, income and expenditure is crucial to learning macroeconomics.

09

Apr'18

What is Gross Domestic Product?

What is Gross Domestic Product? What is Gross Domestic Product or GDP is a fundamental question for macroeconomics students. Gross …

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09

Apr'18

What is Aggregate Demand and Supply?

Aggregate Demand and Supply The concept of aggregate demand and supply is important in macroeconomics. Total production in the economy …

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09

Apr'18

Introductory Macroeconomics Questions and Answers

These introductory macroeconomics questions and answers will direct you to more resources to help in your study of macroeconomics. Introductory …

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09

Apr'18

What is the Circular Flow of Income Model?

What is the Circular Flow of Income Model? The Circular Flow of Income Model shows the key relationships of income, …

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30

Jan'18

What are Index Numbers?

These questions and answers will help you understand how index numbers are created. Economic indicators such as the price index …

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