Challenge Development and Managing Macro-Economy

In: Business and Management

Submitted By foreveryoung
Words 3953
Pages 16
Table of contents

Introduction in Macro-economy………………………………………..3.
Unemployment………………………………………………………….5.
Labor, Land ,Capital…………………………………………………6,7,8.
Currency&Inflation……………………………………………………. .9.
Hyperinflation…………………………………………………………..10.
Demand and Supply…………………………………………………….11.

Conclusion………………………………………………………………12

Introduction of Macro-economy

It is perhaps mostly for this reason that macroeconomics, the study of these economy-wide phenomena, is so exciting. Macroeconomics is more than just headlines, however; it is a fascinating intellectual adventure. The breadth of issues it covers is evidence enough of its inherent complexity. All the same, we will see that simple economic reasoning can take us a long way. And it is often surprising how well a few simple ideas fit complex situations.
Macroeconomics can also be useful. The economic well-being of all consumers, rich or poor, is afected by movements in interest rates, exchange rates, and the rate of inflation. Businesses stand to gain or lose considerable amounts of money when their economic environment changes, regardless of how well they are managed. Being prepared for such changes in fortunes can have considerable value; more generally, it makes us all better citizens able to grasp the complex challenges that our societies face. Macroeconomics is relevant to voters who wonder what their governments are up to, and can also help governments avoid the worst economic crises that have a7icted modern industrial societies in the past century—depressions, when overall economic activity is very far below average, and hyperinflations, when prices are increasing at monthly rates of 50% or more. These extreme situations can tear at a society’s social fabric, yet can be prevented when policy-makers apply sound economic principles. For this reason, economic growth is one of the most exciting issues…...

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