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macro-economics

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1
The Fed - What is macroeconomics? - Federal Reserve Board
Macroeconomics is the study of whole economies —the part of economics concerned with large-scale or general economic factors and how they interact in economies. www.federalreserve.gov
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Macroeconomics - Wikipedia
Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. en.wikipedia.org
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Macroeconomics | Economics - Khan Academy
Introduction to macroeconomics: Basic economics concepts, Opportunity cost and the Production Possibilities Curve, Basic economics concepts, Comparative ... www.khanacademy.org
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macro-economics
ˌmacro-ecoˈnomics, n. pl. (usu. const. as sing.). Also macroeconomics. [f. macro- + economic B. n. 2 c.] The science or study of the economy as a whole. Opp. micro-economics n. pl. So ˌmacro-ecoˈnomic a.1948 Econometrica XVI. 309 (heading) Some conditions of macroeconomic stability. 1948, 1949 [see ... Oxford English Dictionary
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Macroeconomics: Definition, History, and Schools of Thought
Macroeconomics is a branch of economics that studies the behavior of an overall economy, which encompasses markets, businesses, consumers, and governments. www.investopedia.com
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[PDF] MACROECONOMICS
This book supplements a macroeconomics course, using formal models and covering topics like monetary, fiscal policy, unemployment, and international macro. www.bu.edu
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PPCs for increasing, decreasing and constant opportunity cost
So that third rabbit, my opportunity cost is 60 berries. I'm getting really good at catching rabbits, so clearly, you see here, that for each incremental rabbit I get, my opportunity cost is decreasing, all the way to that fifth rabbit, maybe my opportunity cost is 20 berries. To catch that next extra rabbit, I'm giving up those 20 berries.
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AP®/College Macroeconomics - Khan Academy
Macroeconomics is about whole economies. What is GDP? Why does the economy boom and bust? How is the government involved? We hit the traditional topics from ... www.khanacademy.org
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Principles of Economics: Macroeconomics
This course covers why some countries grow rich, banking systems, financial crises, the Federal Reserve, monetary and fiscal policy, and the Solow Growth Model. mru.org
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Macroeconomics | Definition, Principles & Examples - Lesson
Macroeconomics is the study of economic phenomena that affect an entire country or region. It explains economic fluctuations with aggregate supply and demand ... study.com
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Economic Policy - World Bank
Macroeconomics focuses on the performance of economies – changes in economic output, inflation, interest and foreign exchange rates, and the balance of ... www.worldbank.org
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Money: Quantity theory of money | SparkNotes
Thus, according to the quantity theory of money, when the Fed increases the money supply, the value of money falls and the price level increases. In the SparkNote on inflation we learned that inflation is defined as an increase in the price level. Based on this definition, the quantity theory of money also states that growth in the money supply ...
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Steady State Growth of Economy: Meaning and Properties
Steady state growth can also be shown by taking both the saving-income ratio and the capital-output ratio as variables. With the classical saving function given by sp. π/Y, the warranted growth rate s/v can be written as: Where π/K is the rate of profit on capital which can be denoted by r. Thus the warranted rate becomes spr.
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Opportunity cost & the production possibilities curve (PPC) (article ...
1. In order to show a country having constant opportunity cost, the PPC curve for that country would have to be linear. 2. In order to draw a PPC curve with an increasing opportunity cost, but not working efficiently, the slope of the line would have to be exponential while the productivity is somewhere below that curve.
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Opportunity costs and the production possibilities curve (PPC) (video ...
Opportunity cost is the trade-off that one makes when deciding between two options. The example of choosing between catching rabbits and gathering berries illustrates how opportunity cost works. The related concept of marginal cost is the cost of producing one extra unit of something. Created by Sal Khan.
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