Tuesday, January 11, 2011

Post 10, Reading on Maceroeconmoics

Macroeconomics studies national economies, concentrating on economic growth and how to prevent and ameliorate recessions. Also macroeconomics is the economy's wide issues such as unemployment, inflation, and economics growth/development. It is the study of economics from a broad perspective of the resources and factors of production in an economy. In this reading it described some of these factors very well, I feel as if i have grasped this concept.

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