Intrduction to macroeconomics
Macro-Economics
MEASURING A NATIONS INCOME 0 Micro vs. Macro Microeconomics: The study of how individual households and firms make decisions, interact with one another.
BEC REVIEW 1.Explain relationship between scarcity and choices 2.Differentiate between positive & normative 3.Differentiate between price and cost 4.Explain.
6.yamden,pandok 63 85
Mankiw Economics - Chapter 23
Lecture 1 easuring a Nations Income
ECO 154/254 Prof. Michael B. McElroy Multimedia by: Mannig J. Simidian Intermediate Macroeconomics.
7- Part II Measuring a Nation’s Income You need to have a Calculator with you. You need to have a Calculator with you. ECON 2105 E-Mail: [email protected].
Measuring a Nation’s Income 0. In this Lecture, we look for the answers to these questions: What is Gross Domestic Product (GDP)? How is GDP related to.
AP Macroeconomics Intro to Macroeconomics. Macroeconomics is concerned with the overall ups and downs in the economy, whereas Microeconomics is concerned.
Macroeconomic Statistics Definition of Macroeconomics Calculating GDP Statistics & Policy Statistics & Models Business Cycle Calculating Inflation Calculating.