Difference between revisions of "Macroeconomics"
| Line 6: | Line 6: | ||
:[[Macroeconomics]]. Branch of [[economics]] that focuses on the [[economy]] as a whole, including issues like growth, unemployment, inflation, and the balance of trade. | :[[Macroeconomics]]. Branch of [[economics]] that focuses on the [[economy]] as a whole, including issues like growth, unemployment, inflation, and the balance of trade. | ||
According to [[Macroeconomics by Mankiw (7th edition)]], | According to [[Macroeconomics by Mankiw (7th edition)]], | ||
| − | :[[ | + | :[[Macroeconomics]]. The study of the economy as a whole. (Cf. microeconomics.) |
[[Category: Economics]][[Category: Articles]] | [[Category: Economics]][[Category: Articles]] | ||
Latest revision as of 17:37, 2 July 2020
Macroeconomics is the branch of economics that focuses on the economy as a whole, including issues like growth, unemployment, inflation, and the balance of trade.
Definitions
According to Principles of Economics by Timothy Taylor (3rd edition),
- Macroeconomics. Branch of economics that focuses on the economy as a whole, including issues like growth, unemployment, inflation, and the balance of trade.
According to Macroeconomics by Mankiw (7th edition),
- Macroeconomics. The study of the economy as a whole. (Cf. microeconomics.)
