Economics

Macroeconomics

  1. What is Macroeconomics?
  2. How to promote economic growth during a period of 50 years?



Macroeconomics

1. What is Macroeconomics?

According to Pearson - Question 11: A subject that is still evolving in response to recent economic events.




2. How to promote economic growth during a period of 50 years?

According to Pearson - Question 7: To promote a high rate of economic growth over a period of 50 or more years the government should:

  • encourage education and help people get college degrees.
  • help businesses upgrade their capital equipment so they are using the latest technology.
  • develop a clear system of laws and keep government honest.

Each is important; economists do not know which is most important.



Extra stuff