Macroeconomics


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Macroeconomics

Analysis of a country's economy as a whole.

Macroeconomics

The study of an economy in its largest sense. That is, macroeconomics studies gross domestic product, unemployment, inflation, and similar matters. It does not look at the function of individual companies and only tangentially studies individual industries. It is useful in helping determine the aggregate effect of certain policies on an economy as a whole. See also: Microeconomics.

macroeconomics

the branch of economics concerned with the study of aggregate economic activity. Macroeconomic analysis investigates how the economy as a whole ‘works’ and seeks to identify strategic determinants of the levels of national income and output, employment and prices. See CIRCULAR FLOW OF NATIONAL INCOME MODEL, EQUILIBRIUM LEVEL OF NATIONAL INCOME, INTERNAL-EXTERNAL BALANCE MODEL, MACROECONOMIC POLICY, MICROECONOMICS.
References in periodicals archive ?
But the Deutsche Bank macroeconomics research cast doubt on the ministry's confidence in achieving its target, believing among other things that the GST-SST transition could cause a higher loss in government revenue and also predicting that the RM3 billion allocated for PH's planned subsidies to maintain RON95 petrol and diesel prices will not be enough.
Due to frequent headlines, there is a substantial public awareness of core macroeconomic issues like unemployment, trade agreements, exchange rates, deficit, taxes, interest rates, etc.
One of the key achievements of the book is an interesting narration of international experience and countries cases in the analyses of eight macroeconomic tools it has identified.
The categorisation of macroeconomic views as either Classical or Progressive (with Keynesian economics as contested terrain) may also not appeal to some heterodox economists seeking a more fully pluralist approach.
I also identify corresponding chapters from Tyler Cowen and Alex Tabarrok's Modern Principles: Macroeconomics (2011).
His principal target is the mainstream microfoundations literature, which has been slowly euthanasing macroeconomics as a distinct subdiscipline.
Muth's paper went virtually unnoticed its first few years, until his colleague Robert Lucas began chatting with him about it in Lucas's quest to improve the treatment of labor markets in macroeconomics. Their conversations led to Lucas publishing a paper with Leonard Rapping on rational expectations in macroeconomics just as the Phillips Curve consensus was collapsing and economists were casting about for an explanation.
MACRO GRADE = grade in Principles of Macroeconomics (A = 4 ...
Kalin Hristov graduated UNWE in 1996 as a master of macroeconomics. He was born in 1971 in Pleven, and has excellent command of English.
Other areas (such as Finance, Development, and Industrial Organization) have seen their share of total articles rise over the past tour decades while others (such as Microeconomics, Macroeconomics, and Labor) have seen their share fall.
Thus, in a 2008 paper titled 'The State of Macro' (that is, macroeconomics, the study of big-picture issues like recessions), Olivier Blanchard of M.I.T., now the chief economist at the International Monetary Fund, declared that 'the state of macro is good'.