Principles of Economics Session 10
Principles of Economics Session 10
Topics To Be Covered Macroeconomics vs. microeconomics History of macroeconomics Major Concerns of macroeconomics Obiectives of macroeconomics Instruments of macroeconomics Markets and Players of macroeconomics
Topics To Be Covered Macroeconomics vs. Microeconomics History of Macroeconomics Major Concerns of Macroeconomics Objectives of Macroeconomics Instruments of Macroeconomics Markets and Players of Macroeconomics
Topics To Be Covered Definition of gross domestic product ◆ Measurement of gdp GDP GNP NNP NI PL and dpi ◆ Price Indexes AS AD, and macroeconomic equilibrium
Topics To Be Covered Definition of Gross Domestic Product Measurement of GDP GDP, GNP, NNP, NI, PI, and DPI Price Indexes AS, AD, and Macroeconomic Equilibrium
Macroeconomics vs Microeconomics Microeconomics is the study of how individual households and firms make decisions and how they interact with one another in markets Macroeconomics is the study of the economy as a whole. Its goal is to explain the economic changes that affect many households firms and markets at once
Macroeconomics vs. Microeconomics Microeconomics is the study of how individual households and firms make decisions and how they interact with one another in markets. Macroeconomics is the study of the economy as a whole. Its goal is to explain the economic changes that affect many households, firms, and markets at once
History of Macroeconomics The Great Depression was a period of severe economic contraction and high unemployment that began in 1929 and continued throughout the 1930s
History of Macroeconomics The Great Depression was a period of severe economic contraction and high unemployment that began in 1929 and continued throughout the 1930s