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Class Notes Micro Economics
Class Notes Micro Economics
Class Notes Micro Economics
Exploring the factors influencing aggregate demand and supply in national economies.
Discussing fiscal and monetary policy tools used by governments and central banks to
manage economic fluctuations.
Analyzing macroeconomic indicators such as GDP, inflation, and unemployment rates to
assess economic health. –
Examining the role of international trade and globalization in shaping macroeconomic
outcomes, including trade balances and exchange rates.
- Discussing the impact of government interventions, such as tariffs and subsidies, on
domestic and international markets.
- Exploring the theories of economic growth and development, including the roles of
investment, innovation, and human capital.
- Analyzing the relationship between inflation and interest rates, and the implications for
monetary policy.
- Investigating the concept of Phillips curve and its relevance in understanding the trade-
off between inflation and unemployment.
- Discussing the challenges and policy responses to financial crises and recessions,
including the role of regulation and lender-of-last-resort policies.
- Exploring the implications of demographic trends, such as population aging, on
macroeconomic variables and policy outcomes.
- Analyzing the impact of technological advancements and automation on employment
patterns and income distribution.
- Discussing the effectiveness of alternative economic systems, such as socialism,
capitalism, and mixed economies, in achieving macroeconomic stability and growth.
- Investigating the role of institutions, such as central banks and international
organizations, in coordinating macroeconomic policy and promoting global economic
stability.