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Home » Economics Homework Help » Macroeconomics Help
Macroeconomics Help
In this special edition of “Macroeconomics Homework Help” we will discuss about all the major issues which are directly or indirectly related to macroeconomics. In this aspect one can view about a particular problem in macroeconomics, study more about it and deeply inaugurate by using various examples and illustrations given in all major topics.

First, we need to know what macroeconomics is and why it is used for. To study macroeconomics it is very important to know that why we need it.

Microeconomics studies the economic actions and behavior of individual units and small groups of individual units. In microeconomic theory we discuss how the various cells of economic organism that is the various units’ o f the economy such as thousands of consumers, their economic activities and reach their equilibrium states. In other words in microeconomics we not study the economy in its totality. Instead, in microeconomics we discuss equilibrium if innumerable units of the economy piece meal and their inter-relationship to each other. Thus microeconomics consists of looking at the economy through a microscope, as it were, to see how the firms as producers play their part in the working of the whole economic organization. For instance there go on to derive the market demand for the goods (that is demand of a group of individual consuming the particular good). Likewise, microeconomic theory studies the behavior of the individual firms in regard to the fixation of price and output and their reactions to the changes in the demand and supply conditions. From there we go on to establish price output fixation by an industry (Industry means a group of firms producing the same product).

Thus microeconomic theory seeks to determine the mechanism by which the different economic units attain the position of equilibrium, proceeding from the individual units to a narrowly defined group. Microeconomic analysis concerns itself with narrowly defined groups since it does not study the totally of behavior of all units in the economy. In other words the study of economic system of economy as a whole lies outside the domain of microeconomic analysis.

Some of its main topics are:

1. Economic growth and business cycles
2. Inflation and unemployment
3. Integration of product and money market equilibrium
4. International aspects of macroeconomics
5. Introduction to macroeconomics
6. Macroeconomic policies monetary and fiscal policies
7. Money market analysis , theory of money and interest
8. Product market analysis, theory of national  incomes determination
9. Theories of consumption and investment

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