Macroeconomics - Basic Macroeconomic Concepts

Basic Macroeconomic Concepts

Macroeconomics encompasses a variety of concepts and variables, but three are central topics for macroeconomic research. Macroeconomic theories usually relate the phenomena of output, unemployment, and inflation. Outside of macroeconomic theory, these topics are also extremely important to all economic agents including workers, consumers, and producers.

Read more about this topic:  Macroeconomics

Famous quotes containing the words basic and/or concepts:

    The basic essential of a great actor is that he loves himself in acting.
    Charlie Chaplin (1889–1977)

    Germany collapsed as a result of having engaged in a struggle for empire with the concepts of provincial politics.
    Albert Camus (1913–1960)