PPT Microeconomics versus Macroeconomics PowerPoint Presentation, free download ID1849226
1) J. L. Hansen - "Macro economics is that branch of economics which considers the. relationship between large aggregates such as the volume of employment, total. amount of savings, investment, national income etc.". 2) Prof Carl Shapiro - "Macro economics deals with the functioning of the economy. as a whole.".
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3. Meaning Micro-Economics โข Micro economics studies the decisions made by individual and business concerning the distribution of resources and prices of goods and services. Macro-Economics โข Macroeconomics, studies the behavior of not only particular company or industries but whole economy.
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2. Micro economics The prefix 'micro' is derived from Greek word 'mikros', meaning small. "Micro economics studies the economic behaviour of individual economic units and individual economic variables.". The study of economic behaviour of the households, firms and industries forms the subject- matter of micro economics. 3.
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Change in consumer income and the budget line If consumer income increases there will be an outward shift in the budget line as the purchasing power increases. Good Y Good X LOGO. 12. in price of a good and budget line Formula M= Pxx + Pyy m = money income allocated to consumption (after saving and borrowing) Px = the price of a specific good.
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Thinkwell Economics. Thinkwell is a commercial learning tutorial service that supports economics, microeconomics and macroeconomics courses. It consists of video lectures that give simultaneous views of the lecturer and his slides and animations. Online interactive exercises with feedback, review notes, course management tools and a dedicated.
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Ch. 1 micro and macro economics Manish Purani. 40.7K views โข 13 slides. Microeconomics: Introduction and basic concepts Pie GS. 89.5K views โข 48 slides. vivek Thota. 17K views โข. โข. micro & macro economics - Download as a PDF or view online for free.
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Macro economic is the study of large part of the economy i.E., The whole economy. The study of economic behaviour of the economy as a whole & not the individual economic units of the economy. 12 MACRO ECONOMICS Limitations . It does not give the correct pictures of the working of the economy .
Macro vs Microeconomics
They are available to download as individual decks below. Module 1: Economic Thinking. Module 2: Choice in a World of Scarcity. Module 3: Supply and Demand. Module 4: Applications of Supply and Demand. Module 5: Elasticity. Module 6: Macroeconomic Measures: GDP and Economic Growth. Module 7: Macroeconomic Measures: Unemployment and Inflation.
PPT Microeconomics VS Macroeconomics PowerPoint Presentation, free download ID2910232
Basis Microeconomics Macroeconomics Meaning Microeconomics deals with the behaviour of individual economic units. Macroeconomics is the study of the economy as a whole. Tools Demand and Supply Aggregate Demand and Aggregate Supply Objective To determine the price of a commodity or factors of production. To determine the income and employment.
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Reviews. Our feature-rich Microeconomics and Macroeconomics PPT template is the best pick to explain the two branches of economics, i.e., macroeconomics and microeconomics. Economists and educators can use these PowerPoint slides to demonstrate the difference between both branches. Entrepreneurs and business owners can use these slides to.
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2. Microeconomics and Macroeconomics terms were used by Ragnar Frish. Micro and Macro words are derived from Greek words Mikros and Makros. Micro means Small -Which studies Individual unit of the economy. Individual Consumer, Individual firms and small aggregates or groups of individual unit, industries and market. Macro means Large - Which analyze the economy as a whole.
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1 Introduction 2 Micro and Macro Economics http//www.youtube.com/watch?vVVp8UGjECt4 Important terms in Macroeconomics? 3 What is Macroeconomics? Macroeconomics is the study of issues that affect the economy as a whole. Examples are the effects of inflation, and unemployment on economic growth and economic well-being. 4 Divisions of Macroeconomics
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10. Macro economic analysis This looks at all goods and services produced in the economy. The macro diagram is looking at Real GDP (which is the total amount of output produced in the economy) instead of quantity. Instead of the price of a good, we are looking at the overall price level (PL) for the economy. Inflation measures the annual % change in the aggregate price level. Macro diagrams.
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10. "Comparing Risky Prospects" Lecture Slides (PDF) 11. "Critiques of Expected Utility" Lecture Slides (PDF) 12. Dynamic Choice. "Dynamic Choice and Time-Inconsistency" Lecture Slides (PDF) This section provides the schedule of lecture topics and the slides used for each session.
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PPT Micro Versus Macro PowerPoint Presentation, free download ID236199
Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. E N D Presentation Transcript Micro vs. Macro Microeconomics: The study of how individual households and firms make decisions, interact with one another in markets.