Faster access than browser!Similarities between Economics and Macroeconomics
Economics and Macroeconomics have 50 things in common (in Unionpedia): Aggregate demand, Austrian School, Business cycle, Capital (economics), Central bank, Consumption (economics), Crowding out (economics), Discouraged worker, Economic development, Economic growth, Economic policy, Economics, Economy, Endogenous growth theory, Fiscal multiplier, Great Depression, Human capital, Imperfect competition, Inflation, International finance, Investment (macroeconomics), IS–LM model, John Maynard Keynes, Keynesian economics, Measures of national income and output, Microeconomics, Milton Friedman, Monetary economics, Monetary policy, Money supply, ..., National accounts, Neoclassical synthesis, New classical macroeconomics, New Keynesian economics, Nominal rigidity, Okun's law, Output (economics), Paul Samuelson, Potential output, Quantity theory of money, Ramsey–Cass–Koopmans model, Rational expectations, Real business-cycle theory, Recession, Robert Lucas Jr., Structural unemployment, The General Theory of Employment, Interest and Money, Unemployment, Wealth, Workforce. Expand index (20 more) »
Aggregate demand
In macroeconomics, aggregate demand (AD) or domestic final demand (DFD) is the total demand for final goods and services in an economy at a given time.
Aggregate demand and Economics · Aggregate demand and Macroeconomics ·
Austrian School
The Austrian School is a school of economic thought that is based on methodological individualism—the concept that social phenomena result from the motivations and actions of individuals.
Austrian School and Economics · Austrian School and Macroeconomics ·
Business cycle
The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend.
Business cycle and Economics · Business cycle and Macroeconomics ·
Capital (economics)
In economics, capital consists of an asset that can enhance one's power to perform economically useful work.
Capital (economics) and Economics · Capital (economics) and Macroeconomics ·
Central bank
A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates.
Central bank and Economics · Central bank and Macroeconomics ·
Consumption (economics)
Consumption is the process in which consumers (customers or buyers) purchase items on the market.
Consumption (economics) and Economics · Consumption (economics) and Macroeconomics ·
Crowding out (economics)
In economics, crowding out is argued by some economists to be a phenomenon that occurs when increased government involvement in a sector of the market economy substantially affects the remainder of the market, either on the supply or demand side of the market.
Crowding out (economics) and Economics · Crowding out (economics) and Macroeconomics ·
Discouraged worker
In economics, a discouraged worker is a person of legal employment age who is not actively seeking employment or who does not find employment after long-term unemployment.
Discouraged worker and Economics · Discouraged worker and Macroeconomics ·
Economic development
economic development wikipedia Economic development is the process by which a nation improves the economic, political, and social well-being of its people.
Economic development and Economics · Economic development and Macroeconomics ·
Economic growth
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time.
Economic growth and Economics · Economic growth and Macroeconomics ·
Economic policy
The economic policy of governments covers the systems for setting levels of taxation, government budgets, the money supply and interest rates as well as the labour market, national ownership, and many other areas of government interventions into the economy.
Economic policy and Economics · Economic policy and Macroeconomics ·
Economics
Economics is the social science that studies the production, distribution, and consumption of goods and services.
Economics and Economics · Economics and Macroeconomics ·
Economy
An economy (from Greek οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents.
Economics and Economy · Economy and Macroeconomics ·
Endogenous growth theory
Endogenous growth theory holds that economic growth is primarily the result of endogenous and not external forces.
Economics and Endogenous growth theory · Endogenous growth theory and Macroeconomics ·
Fiscal multiplier
In economics, the fiscal multiplier (not to be confused with monetary multiplier) is the ratio of a change in national income to the change in government spending that causes it.
Economics and Fiscal multiplier · Fiscal multiplier and Macroeconomics ·
Great Depression
The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States.
Economics and Great Depression · Great Depression and Macroeconomics ·
Human capital
Human capital is a term popularized by Gary Becker, an economist and Nobel Laureate from the University of Chicago, and Jacob Mincer.
Economics and Human capital · Human capital and Macroeconomics ·
Imperfect competition
In economic theory, imperfect competition is a type of market structure showing some but not all features of competitive markets.
Economics and Imperfect competition · Imperfect competition and Macroeconomics ·
Inflation
In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.
Economics and Inflation · Inflation and Macroeconomics ·
International finance
International finance (also referred to as international monetary economics or international macroeconomics) is the branch of financial economics broadly concerned with monetary and macroeconomic interrelations between two or more countries.
Economics and International finance · International finance and Macroeconomics ·
Investment (macroeconomics)
In macroeconomics, investment is the amount of goods purchased per unit time which are not consumed at the present time.
Economics and Investment (macroeconomics) · Investment (macroeconomics) and Macroeconomics ·
IS–LM model
The IS–LM model, or Hicks–Hansen model, is a macroeconomic tool that shows the relationship between interest rates (ordinate) and assets market (also known as real output in goods and services market plus money market, as abscissa).
Economics and IS–LM model · IS–LM model and Macroeconomics ·
John Maynard Keynes
John Maynard Keynes, 1st Baron Keynes (5 June 1883 – 21 April 1946), was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.
Economics and John Maynard Keynes · John Maynard Keynes and Macroeconomics ·
Keynesian economics
Keynesian economics (sometimes called Keynesianism) are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced by aggregate demand (total demand in the economy).
Economics and Keynesian economics · Keynesian economics and Macroeconomics ·
Measures of national income and output
A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product (GDP), gross national product (GNP), net national income (NNI), and adjusted national income also called as NNI at factor cost (NNI* adjusted for natural resource depletion).
Economics and Measures of national income and output · Macroeconomics and Measures of national income and output ·
Microeconomics
Microeconomics (from Greek prefix mikro- meaning "small") is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.
Economics and Microeconomics · Macroeconomics and Microeconomics ·
Milton Friedman
Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy.
Economics and Milton Friedman · Macroeconomics and Milton Friedman ·
Monetary economics
Monetary economics is a branch of economics that provides a framework for analyzing money in its functions as a medium of exchange, store of value, and unit of account.
Economics and Monetary economics · Macroeconomics and Monetary economics ·
Monetary policy
Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.
Economics and Monetary policy · Macroeconomics and Monetary policy ·
Money supply
In economics, the money supply (or money stock) is the total value of monetary assets available in an economy at a specific time.
Economics and Money supply · Macroeconomics and Money supply ·
National accounts
National accounts or national account systems (NAS) are the implementation of complete and consistent accounting techniques for measuring the economic activity of a nation.
Economics and National accounts · Macroeconomics and National accounts ·
Neoclassical synthesis
The neoclassical synthesis was a post-World War II academic movement in economics that worked towards absorbing the macroeconomic thought of John Maynard Keynes into neoclassical economics.
Economics and Neoclassical synthesis · Macroeconomics and Neoclassical synthesis ·
New classical macroeconomics
New classical macroeconomics, sometimes simply called new classical economics, is a school of thought in macroeconomics that builds its analysis entirely on a neoclassical framework.
Economics and New classical macroeconomics · Macroeconomics and New classical macroeconomics ·
New Keynesian economics
New Keynesian economics is a school of contemporary macroeconomics that strives to provide microeconomic foundations for Keynesian economics.
Economics and New Keynesian economics · Macroeconomics and New Keynesian economics ·
Nominal rigidity
Nominal rigidity, also known as price-stickiness or wage-stickiness, describes a situation in which the nominal price is resistant to change.
Economics and Nominal rigidity · Macroeconomics and Nominal rigidity ·
Okun's law
In economics, Okun's law (named after Arthur Melvin Okun, who proposed the relationship in 1962) is an empirically observed relationship between unemployment and losses in a country's production.
Economics and Okun's law · Macroeconomics and Okun's law ·
Output (economics)
Output in economics is the "quantity of goods or services produced in a given time period, by a firm, industry, or country", whether consumed or used for further production.
Economics and Output (economics) · Macroeconomics and Output (economics) ·
Paul Samuelson
Paul Anthony Samuelson (15 May 1915 – 13 December 2009) was an American economist and the first American to win the Nobel Memorial Prize in Economic Sciences.
Economics and Paul Samuelson · Macroeconomics and Paul Samuelson ·
Potential output
In economics, potential output (also referred to as "natural gross domestic product") refers to the highest level of real gross domestic product (potential output) that can be sustained over the long term.
Economics and Potential output · Macroeconomics and Potential output ·
Quantity theory of money
In monetary economics, the quantity theory of money (QTM) states that the general price level of goods and services is directly proportional to the amount of money in circulation, or money supply.
Economics and Quantity theory of money · Macroeconomics and Quantity theory of money ·
Ramsey–Cass–Koopmans model
The Ramsey–Cass–Koopmans model, or Ramsey growth model, is a neoclassical model of economic growth based primarily on the work of Frank P. Ramsey, with significant extensions by David Cass and Tjalling Koopmans.
Economics and Ramsey–Cass–Koopmans model · Macroeconomics and Ramsey–Cass–Koopmans model ·
Rational expectations
In economics, "rational expectations" are model-consistent expectations, in that agents inside the model are assumed to "know the model" and on average take the model's predictions as valid.
Economics and Rational expectations · Macroeconomics and Rational expectations ·
Real business-cycle theory
Real business-cycle theory (RBC theory) is a class of new classical macroeconomics models in which business-cycle fluctuations to a large extent can be accounted for by real (in contrast to nominal) shocks.
Economics and Real business-cycle theory · Macroeconomics and Real business-cycle theory ·
Recession
In economics, a recession is a business cycle contraction which results in a general slowdown in economic activity.
Economics and Recession · Macroeconomics and Recession ·
Robert Lucas Jr.
Robert Emerson Lucas Jr. (born September 15, 1937) is an American economist at the University of Chicago.
Economics and Robert Lucas Jr. · Macroeconomics and Robert Lucas Jr. ·
Structural unemployment
Structural unemployment is a form of unemployment caused by a mismatch between the skills that workers in the economy can offer, and the skills demanded of workers by employers (also known as the skills gap).
Economics and Structural unemployment · Macroeconomics and Structural unemployment ·
The General Theory of Employment, Interest and Money
The General Theory of Employment, Interest and Money of 1936 is the last and most important book by the English economist John Maynard Keynes.
Economics and The General Theory of Employment, Interest and Money · Macroeconomics and The General Theory of Employment, Interest and Money ·
Unemployment
Unemployment is the situation of actively looking for employment but not being currently employed.
Economics and Unemployment · Macroeconomics and Unemployment ·
Wealth
Wealth is the abundance of valuable resources or valuable material possessions.
Economics and Wealth · Macroeconomics and Wealth ·
Workforce
The workforce or labour force (labor force in American English; see spelling differences) is the labour pool in employment.
The list above answers the following questions
- What Economics and Macroeconomics have in common
- What are the similarities between Economics and Macroeconomics
Economics and Macroeconomics Comparison
Economics has 511 relations, while Macroeconomics has 120. As they have in common 50, the Jaccard index is 7.92% = 50 / (511 + 120).
References
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