Briefly explain the main macroeconomic objectives, Microeconomics

Assignment Help:

Briefly explain the main macroeconomic objectives of governments.

Definition of macroeconomic issues

  • Growth

a)      Enhance in national income per unit of time, a flow method

b)      Enables the economy to improve living standards

  • High employment

a)      Percentage of labour force employed

b)      shows utilisation of social factor of production

  • Price stability

a)      steady rate of price enhance; change in CPI/RPI/GDP deflator

b)      Permits predictability and reliability in the economic environment

  • External balance

a)      balance of payments

i) equilibrium in foreign sector trade, i.e. exports and imports

b)      exchange rate

i) stability in external value of currency

 


Related Discussions:- Briefly explain the main macroeconomic objectives

What is studying platform, What is studying platform? Explain this term in ...

What is studying platform? Explain this term in brief. Studying Platform: A studying platform into modern economics comprises some basic economic principles or theories. Thi

Market, describe engineering cost theory in detail

describe engineering cost theory in detail

S block elements, electronic configuration of s block elements

electronic configuration of s block elements

Economies of scope in the trucking industry, Economies of Scope in the Truc...

Economies of Scope in the Trucking Industry * Questions: - Economies of Scope - Are large-scale, direct hauls cheaper and more profitable than individual hauls by small t

Closesubstitute goods, Closesubstitute goods: The number of closesubstit...

Closesubstitute goods: The number of closesubstitute goods The more substitutes of good has and the more close the substitutes are, the more elastic the demand for the good. Fo

Indifference curve, What is indifference curve and its properties?

What is indifference curve and its properties?

The hypothesis of inflation-unemployment trade-off, The Hypothesis of Infla...

The Hypothesis of Inflation-Unemployment Trade-off : This hypothesis about formation of expectations is therefore known as the hypothesis of adaptive expectations. The hypothes

Taxes, Hotel rooms go for $100/room and sell 1000/day; if taxed at $10/room...

Hotel rooms go for $100/room and sell 1000/day; if taxed at $10/room and rate goes to $108 and 900 rooms are sold, what''s the tax revenue and dead weight loss?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd