425 Answered Questions for the topic macroeconomics

Macroeconomics

04/04/19

Can macroeconomics be studied without studying microeconomics?

Macroeconomics Finance

04/04/19

Why will Australia increase their interest rate only when US increases their interest rate?

Following 1 article, Australia will increase their interest rate only when US increase their interest rate... more
Macroeconomics

04/03/19

What economic practice is employed to increase aggregate demand?

03/28/19

Why does the profit reaches its maximum value at the equilibrium point?

When we talk about marginal cost and marginal benefit/cost, why does the equilibrium point is the most convenient for the production of a product. If the marginal cost and the marginal... more
Macroeconomics Business Gdp Currency

03/27/19

Calculating nominal GDP?

I would like to understand one detail of how nominal GDP of a country in a given year is calculated. It seems to me that the GDP in each country is first calculated in the national currency and... more
Macroeconomics Business Definition Gdp

03/27/19

Is a country in economic downturn if its growth rate is negative, but improving?

As I understand it, economic downturn means that economic growth is significantly slowing down or entering into recession. (If anyone wants to correct me, please do so). i.e. Growth rate is... more

Fundamental equations in economics?

For the other sciences it's easy to point to the most important equations that ground the discipline. If I want to explain Economics to a physicist say, what are considered to be the most important... more

03/19/19

Calculating rate of growth of per capita income?

Given this question:National income is increasing by 1.5% a year and population by 2.5% a year. What is the rate of growth of per capita income?Attempt: Since per capita income is GDP/ population.... more
Macroeconomics Microeconomics

03/19/19

Seminal papers that later were proven to contain errors?

I was reading on institutions, and I came across Acemoglu, Johnson and Robinson (AJR) paper on [The Colonial Origins of comparative development: An Empirical... more

03/19/19

on economic growth and Second Welfare theorem?

While I was studying eighth edition of Mankiw's Macroeconomics, in chapter 9 on Economic Growth(pg. 245), the author mentions :**"Some economists have proposed increasing the incentive to save by... more

03/18/19

Mathematical Micro/Macro Economics Textbook Recommendation?

I was formerly an economics major and now also majoring in mathematics.I want a textbook that is rigorously based on mathematics; not just using mathematcis whenever the author wants, but in a more... more
Macroeconomics Finance

03/18/19

Basic question: why do markets grow?

I apologize if this is gonna be very basic, but I am a beginner. My question is: why do markets (expressed as indices) grow? Is it because money is constantly moved from the real economy into stock... more
Macroeconomics Microeconomics

02/26/19

Inferior Goods and Economics

What would happen to the new resulting equilibrium price and quantity of Ramen noodles (an inferior good), if incomes for US workers fell by 8% over the next two years?
Macroeconomics Economics

02/20/19

managerial econ and business

1.A firm's demand curve is estimated to be Q = 400 - 3P, where Q is quantity and P is the price of the good. At P = $21, the point elasticity of demand is _____.2.A firm's demand equation is given... more

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