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macroeconomics |
Also found in: Dictionary/thesaurus, Medical, Financial, Wikipedia, Hutchinson | 0.06 sec. |
macroeconomicsStudy of the entire economy in terms of the total amount of goods and services produced, total income earned, level of employment of productive resources, and general behaviour of prices. Until the 1930s, most economic analysis focused on specific firms and industries. The aftermath of the Great Depression and the development of national income and production statistics brought new interest to the field of macroeconomics. The goals of macroeconomic policy include economic growth, price stability, and full employment. See also microeconomics; national income accounting. macroeconomics the branch of economics concerned with aggregates, such as national income, consumption, and investment www.elsevier.com/homepage/sae/econworld/econbase/jmacro/frame.htm www.stern.nyu.edu/globalmacro How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| We are known to be consumers in the macroeconomy, but BE facilitates the growth of business people in the black microeconomy, in every area of commerce. Whether the rise in the share of households with a credit card is a cause for concern at the aggregate level depends on whether the benefits to the macroeconomy of the expansion of credit card availability outweigh the risks. Oil and the Macroeconomy Since World War II", Journal of Political Economy, Vol. |
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