While microeconomics is interested in the behaviour of single economic agents and their coordination, macroeconomics is not in the first place. In macroeconomics, similar economic agents are aggregated to sectors and different goods are aggregated to index numbers like Gross Domestic Product. The reason...
aAP Macroeconomics introduces students to fundamental economic concepts such as scarcity and opportunity costs. Coverage of these concepts provides students with the foundation for a thorough understanding of macroeconomic concepts and issues[translate]...
The fundamental of economics
This chapter, an extension of the Presidential Address to the International Economic Association, evaluates alternative strands of macroeconomics in terms of the three basic questions posed by deep... JE Stiglitz - Palgrave Macmillan UK 被引量: 8发表: 2016年 Technical note: proteomic approaches to ...
What is the central problem of economic relations to scarcity and choice? State two main branches of economics and give their definitions. What are the problems of the real GDP in macroeconomics? How does the Production Possibilities Curve demonstrate the fundamental economic problem?
Macroeconomics deals, inter alia, with the problems of unemployment, of price instability and of stagnation (or even underdevelopment). It is argued in Sect. 9.1 that for environmental studies the problem of stagnation and the corresponding goal of economic growth are of main interest, while ...
Microeconomics is concerned with individual consumers and producers, while macroeconomics deals with society and aggregate concepts as total production, employment, and the level of prices. Economic systems consist of simple components called agents. There are different types of agents, usually consumers ...