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

Risk loving persons, Risk Loving - A person is a risk loving if they sh...

Risk Loving - A person is a risk loving if they show a preference toward the uncertain income over a certain income having same expected value. Examples: Gambling, some

Consumer behaviour, do you think that dimnishing returns to a factor are co...

do you think that dimnishing returns to a factor are consistent with increasing returns to scale? explain with suitable diagram and reasoning.

Hw, hi, how much does it cost for you guys to write a 5-6 pages on a articl...

hi, how much does it cost for you guys to write a 5-6 pages on a article on supply and demand? However, on the 5-6 pages it wont all be writings..i need a few graphs. i would need

Cost in the long run, Cost in the Long Run Cost minimization with the V...

Cost in the Long Run Cost minimization with the Varying Output Levels -A firm's expansion path shows minimum cost combinations of labor and capital at each level of output.

Calculate toms price elasticity of demand, Tom's pizza sells for $ 5.00 ea ...

Tom's pizza sells for $ 5.00 ea and serves an average of 425 customers per week. During a recent sale, Tom lowered the price to $ 4.00 per ea. Sales increased to 500 customers duri

Demand, what are tne methots of demand forecasting ?

what are tne methots of demand forecasting ?

Discuss the advantages and disadvantages of rate regime, Discuss the advant...

Discuss the advantages and disadvantages in having a managed exchange rate regime. Advantages of a managed/fixed exchange rate Predictability and certainty a) Fi

The marketing system, Which of the following industries do you think are li...

Which of the following industries do you think are likely to exhibit large economies of scale? Explain why in each case. a. House building b. Electricity generation c. Market ga

Consumer equilibrim, explain consumer equilibrium diagrammatically as well ...

explain consumer equilibrium diagrammatically as well mathematically by using necessary and sufficient conditions

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