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Macroeconomic Analysis 2003

Macroeconomic Analysis 2003. Approaches to Macroeconomics . Measurement. Nominal GDP Real GDP GDP deflator GDP Index Growth rate Technological Index Review of AS-AD Framework in various Schools Exercise. Nominal and Real GDP. Aggregate Demand. National Income Identity.

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364 views • 25 slides

Macroeconomic Analysis 2003

Macroeconomic Analysis 2003. Micro-Founded Macro: Graphical Illustrations. Micro-Foundation to Macro: General Equilibrium with a representative household and firm. Market p and w such that Y = C LD = LS LS +L = Lbar. Wage payment, wL. Labour supply, L. Economy. Households Max U(C,L).

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218 views • 10 slides

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Keynesian economist - PowerPoint PPT Presentation

Macroeconomic Analysis 2003

Macroeconomic Analysis 2003