ECON102: Principles of Macroeconomics
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Learn about the analysis of price fluctuations in microeconomics and macroeconomics. Explore how supply and demand determine prices in specific markets, while macroeconomics focuses on price level changes across all markets. Study firm profit maximization, economic growth, and full employment. Discover the goals, measures, and challenges of macroeconomics, including fiscal and monetary policies, international trade, and more. Enhance your understanding of economics with our comprehensive study guides. Start your journey today!
Consider how microeconomists and macroeconomists analyze price fluctuations.
In microeconomics we focus on how supply and demand determine prices in a given market.
In macroeconomics we focus on changes in the price level across all markets.
Microeconomics studies firm profit maximization, output optimization, consumer utility maximization, and consumption optimization.
Macroeconomics studies economic growth, price stability, and full employment.
Unit 1: Overview of Economics
Unit 2: Macroeconomics: Goals, Measures, and Challenges
Unit 3: Unemployment and Inflation
Unit 4: Aggregate Economic Activities and Fluctuations
Unit 5: Fiscal Policy
Unit 6: Monetary Policy and Various Complexities behind Macroeconomic Policies
Unit 7: International Trade
Study Guides
