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Essay MACRO ECONOMICS
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Macroeconomics is the branch of economics that deals with the structure, performance, behavior, and decision-making of the whole, or aggregate, economy. The two main areas of macroeconomic research are long-term economic growth and shorter-term business cycles. Macroeconomics in its modern form is often defined as starting with John Maynard Keynes and his theories about market behavior and governmental policies in the 1930s; several schools of thought have developed since. In contrast to macroeconomics, microeconomics is more focused on the influences on and choices made by individual actors in the economy (people, companies, industries, etc.).
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Institution
University Of The People
Course
MACRO ECONOMICS
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- Institution
- University Of The People
- Course
- MACRO ECONOMICS
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- Uploaded on
- June 26, 2022
- Number of pages
- 1
- Written in
- 2021/2022
- Type
- Essay
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- Unknown
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- Unknown
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macroeconomics is a branch of economics that studies how an overall economy—the market or other systems that operate on a large scale—behaves macroeconomics studies economy wide phenomena such as inf
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