Macroeconomic Aggregates
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Macroeconomic Aggregates
Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies. Macroeconomists study topics such as output/ GDP (gross domestic product) and national income, unemployment (including unemployment rates), price indices and inflation, consumption, saving, investment, energy, international trade, and international finance. Macroeconomics and microeconomics are the two most general fields in economics. The focus of macroeconomics is often on a country (or larger entities like the whole world) and how its markets interact to produce large-scale phenomena that economists refer to as aggregate variables. In microeconomics the focus of analysis is often a single market, such as whether changes in supply or demand are to blame for price increases in the oil and automotive sectors. From introductory classes in "principles of economics" through doctoral ...
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Circulation In Macroeconomics
Circulation may refer to: Science and technology * Atmospheric circulation, the large-scale movement of air * Circulation (physics), the path integral of the fluid velocity around a closed curve in a fluid flow field * Circulatory system, a biological organ system whose primary function is to move substances to and from cells * Circulation problem, a generalization of network flow problems * Circulation (architecture), the flow of people through a building * Circulation (currency), all currency held by consumers and businesses, but not by financial institutions and governments * Exhaust gas recirculation, a nitrogen oxide reduction technique used in most gasoline and diesel engines * Library circulation, the activities around the lending of library books and other material to users of a lending library * Ocean circulation, the large-scale movement of water * Rhetorical circulation, the ways that texts and discourses move through time and space Other uses * Print circulati ...
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