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...
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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...
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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...
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Macroeconomics Business
03/27/19
Why aren't there any private company or person whose income is more than 10% GDP of their own country?
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...
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03/19/19
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...
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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....
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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...
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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...
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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...
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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...
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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...
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