Lecture 1 Introduction Macro Investing Pdf Bu macro 2008: lecture 1 introduction to dynamic macroeconomics: analysis of saving and investment. . . . in relation to the macroeconomy . . . depending on firm characteristics . . . with regard to prior performance . . . when there is new information.
Lecture 01 Introduction New Pdf Investing Shareholder Value Lecture 1 introduction macro investing (2) free download as pdf file (.pdf), text file (.txt) or view presentation slides online. Macroeconomics focuses on the determinants of total national income, deals with aggregates such as aggregate consumption and investment, and looks at the overall level of prices instead of individual prices. the behavior of all households and firms together. how did macro start?. Macroeconomics investigates aggregate behavior by imposing simplifying assumptions (“assume there are many identical firms that pro duce the same good”) but without abstracting from the essential features. these assumptions are used in order to build macroeconomic models. It presents graphs for the u.s. of the three most important macroeconomic statistics, output, un employment and inflation, since 1900. essentially, ec 207 tried to explain why the graph of real gdp sloped upwards. it also tried to explain why there were fluctuations around the trend, via real business cycle theory, but was much less successful.
Macro Intro Pdf Economics Macroeconomics Macroeconomics investigates aggregate behavior by imposing simplifying assumptions (“assume there are many identical firms that pro duce the same good”) but without abstracting from the essential features. these assumptions are used in order to build macroeconomic models. It presents graphs for the u.s. of the three most important macroeconomic statistics, output, un employment and inflation, since 1900. essentially, ec 207 tried to explain why the graph of real gdp sloped upwards. it also tried to explain why there were fluctuations around the trend, via real business cycle theory, but was much less successful. What is macroeconomics? macroeconomics studies the aggregate behavior of economic agents. consumers, rms, governments, countries using models to explain macroeconomic phenomena. A key issue here is: how are the variables entering (1.1) denominated, that is, in what units are the variables measured? it is most satisfactory, both from a theoretical and empirical point of view, to think of both outputs and inputs as ows: quantities per unit of time. Macroeconomics = study of economy as a whole, where macroeconomists try both to explain economic events (positive) and to device policies to improve or enhance eco nomic performance (normative). basic questions it aims to answer ( time horizon): 1. This document provides an introduction to macroeconomics. it discusses the key topics addressed in macroeconomics such as long run economic growth, business cycles, unemployment, inflation, and macroeconomic policy.
Comments are closed.