Macroeconomic
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Matthew M
Date added:
November 6, 2011
Level:
University
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A
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This is the very complicate field and there are many factors that influence it. Macroeconomic analysis focuses on these things: Gross Domestic product, unemployment, inflation, and interest rate.
1) Gross Domestic Product (GDP) is the total market value of all final goods and services produced in an economic in one year period...
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Macroeconomic analysis focuses on these things: Gross Domestic product, unemployment, inflation, and interest rate.
1) Gross Domestic Product (GDP) is the total market value of all final goods and services produced in an economic in one year period. (Colander, 2004). GDP also is an economic indicator it measure the size of economic by this formula ( Wikipedia )
GDP = C + I + G + NX
Where
? C is private consumption, personal expenditure of households such as food, rent, medical expense, and new housing...
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