Principles of Macroeconomics Vol 1

Principles of Macroeconomics Vol 1

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Economic Indicators: Introduce key economic indicators used to assess the health of an economy, including Gross Domestic Product (GDP), unemployment rates, inflation rates, and balance of trade, and their implications for economic policy. Aggregate Demand and Supply: Discuss the concepts of aggregate demand and aggregate supply, and how they interact to determine overall economic output and price levels in the economy. Economic Growth: Examine factors that contribute to long-term economic growth, including capital accumulation, technological advancements, labor force growth, and productivity i...