Foundations of Macroeconomics
Jade Murphy
Gebundenes Buch

Foundations of Macroeconomics

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The field within economics that deals with the performance, structure, decision-making, and behavior of the economy as a whole is known as macroeconomics. It analyzes individual metrics like GDP, national income, price indices, and unemployment rates, along with their interconnections with various sectors of the economy, in order to gain understanding of how the economy operates. Macroeconomics involves constructing models that depict the connections among economic elements such as consumption, savings, investment, inflation, and more. It seeks to comprehend the impacts of short-term fluctuati...