Archives for macroeconomics theory
Top 10 Books for Studying Macroeconomics
Macroeconomics is the branch of economics that studies aggregate level behavior and economic phenomenon such as Price level, inflation, unemployment, national income and output level and GDP growth rate, interest…
Shorter is the skirt, better is the economy
Hemline index: Shorter skirt indicates higher economic growth Fashion is not something you typically find mention of in economic theory. For economists fashion makes no sense in either the domain…
The linkage between fiscal deficit and real interest rate: Theory and empirical evidence
Under the neoclassical perspective the theory of interest rate determination is postulated under saving- investment equality in the market of loanable funds. Increased government borrowing increases the demand for loanable…
Why should Students Study Economics?
Economics is a well known field of social science where we handle with the production, distribution, consumption of goods, support services and their management in the open market. It's a…