Essay MACRO ECONOMICS
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.).
Written for
- Institution
- University Of The People
- Course
- MACRO ECONOMICS
Document information
- Uploaded on
- June 26, 2022
- Number of pages
- 8
- Written in
- 2021/2022
- Type
- Essay
- Professor(s)
- Unknown
- Grade
- Unknown
Subjects
- performance
- behavior
- or aggregate
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macroeconomics is the branch of economics that deals with the structure
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and decision making of the whole
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economy the two main areas of macroeconomic research ar
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