Understand How the U.s. Economy Works

Understand How the U.s. Economy Works

Laura Adams asked: Macroeconomics is a branch of economics that looks at aggregate or total economic variables to study the behavior of a national economy as a whole.This is in contrast to Microeconomics which looks at production and prices within specific markets.When Macro-economists study an economy, they look at 3 major variables. These are output, [...]

The Aussie Economy: Tough Times are Coming

The Aussie Economy: Tough Times are Coming

Australasian Investment Review asked: And there were echoes of that US economists’ survey in some of the new forecasts and commentary from the National Australia Bank about the coming year.In its first report of 2009 the National Australia Bank downgraded Australia’s economic outlook, forecasting a shallow recession, a sharper rise in unemployment, official interest rates [...]