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PB202 MACROECONOMICS. CHAPTER 1 INTRODUCTION TO MACROECONOMIC. Prepared by: Azlina bt Azmi Session of December 2010. Chapter Summary. Arrow Process. Why use graphics from PowerPointing.com?. - What is macroeconomics? Macroeconomics versus microeconomics Macroeconomic goal.
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PB202MACROECONOMICS CHAPTER 1 INTRODUCTION TO MACROECONOMIC Prepared by: Azlina bt Azmi Session of December 2010
Chapter Summary Arrow Process Why use graphics from PowerPointing.com? • - What is macroeconomics? • Macroeconomics versus microeconomics • Macroeconomic goal • Price stability • Economic growth • Full employment • - Distribution of income - What is aggregate demand? -the curve GOVERNMENT POLICIES AND TOOLS MACROECONOMICS IN GENERAL AGGREGATE DEMAND AGGREGATE SUPPLY MACROECONOMIC GOAL Fiscal policy (tax & government spending) and Monetary Policy (supply of money) • Definition • - the curve Preparedby: Azlina bt Azmi Session of December 2010 This illustration is a part of ”Building Plan”. See the whole presentation at slideshop.com/value-chain
What is macroeconomics? • The branch of economics that studies decision making for the economy as a whole (inflation, unemployment, economy growth, money supply, national incomes)
Government Policies • In order to stimulate economic growth