difference between microeconomics and macroeconomics. briefly describe the differences
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Macroeconomics is the economics sub-field of study that considers aggregate behavior, and the study of the sum of individual economic decisions. This is in contrast to microeconomics which is the study of the economic behaviour of individual consumers, firms, and industries.\n\nMacroeconomics can be used to analyze how best to influence government policy goals such as economic growth, price stability, full employment and the attainment of a sustainable balance of payments.\n\nMicroeconomics (literally, very small economics) is a social science which involves study of the economic distribution of production and income among individual consumers, firms, and industries. (Contrast macroeconomics.) It considers individuals both as suppliers of labour and capital and as the ultimate consumers of the final product. It analyzes firms both as suppliers of products and as consumers of labour and capital. It is the study of the behavior of individuals and firms that are using scarce resources. Scarcity refers to the fact that none of us as individuals or companies, can "have it all"—unlimited land, capital, labour, etc.\n\nOne of the goals of the field of microeconomics is to analyze mechanisms and market forces that establish relative prices amongst goods and services and allocate society's resources amongst their many alternative uses.
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1. B.  The others are just moving along the supply curve, not shifting it.\n2. E.  Just try it out with a simple graph.  The entire equilibrium moves.
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Typically, smaller economies grow faster than developed economies as measured by GDP per capita.  The exchange rate, or value of their currency is affected by a lot of different factors including debt, barriers to trade, GDP, trade balance, etc.  All else being equal, if per capita GDP increases, the value of the currency should also increase.
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this url gives a synopsis of a political economy analysis - which should help you get an idea of what is required when writing a typical one\n\nhttp://www.cepr.org/pubs/new-dps/dplist.asp?dpno=1225
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Hello,\nI have taken both of these classes and by faaaaaaaaaar human physiology is harder. I enjoyed micro so much in 2nd year that I took a 4th year pathogenesis class and now I'm starting my Masters in it.  Reasons why you ask..well, first of all, human physiology is all about memorizing pathways of molecules going here, going there, doing this, doing that.  You learn about all the chemical type things going on in your ENTIRE body, from the ingestion of food, how it's transported down into your stomach, how the stomach works, how the intestines work, all the reactions going on in your body, excretion system, all your glands, your muscles, how the heart works...it's just sooooo much information. I hated it. Hundreds and hundreds of molecules I just about lost it.  Micro (to me) is really interesting because you learn about how the smallest thing on earth can cause so many diseases.  There are also many things that are related between different microbial species which makes it easier when first trying to understand these things.  If you're into genetics and microbial diseases (there are so many you don't even know about), that type of thing..take micro. If you plan on being a doctor, take both.  If neither, do not take human phys! \nI hope that helps. Good luck!
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The study of economics is the study of how money moves through a society.  They study how companies pay their employees, how the employees spend their earnings (i.e., give their money to other companies), what those companies receiving their money do with it, and what the government does with the taxes and tariffs it receives from the workers, the companies, and companies from other societies.  They study the impact of certain laws and regulations on businesses and their employees and customers.  They study the effect of export and import on the government and the business within the society.  Essentially, as my colleagues have told you, they study money.
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An economic system or economy consists of a set of rules, goals, and incentives that govern economic relations among people in a society and provide a way to answer the basic economic questions.\nEconomic systems may rely heavily on:\nTradition\nBrute Force\nFirst come -- First Serve\nCentral Authorities\nMarkets\n\nTypes of Economies\nTraditional:\nold or primitive ways to respond to the economizing problem\nPlanned or command:\nThe Central Authorities decide what to produce.\nMarket system or capitalism:\nMarket prices guide production decisions.\nMixed System:\nCertain segments of the economy are dominated by the Government.\nPanama is like the majority of the world nations.it applies mixed economy.
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why don't you look at economic differences in truancy.  are middle class students as truant as upper class students, or the poor students.  you can also look at race differences in truancy
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There are two different concepts\n\nOne is Market equilibrium  also known as Market Balance which is the balance between supply and demand. (in a free market, it is the point at which sulpply and demand for a specific commodity meet and a price is established).\n\nAlso there is a Concept of Market Balance of Trade. Which is the overall balance of goods imported and exported by a country (a Macro economical index of volume such as GNP)or in specific cases the balance of goods imported and exported between two countries (ie the Balance of trade between Japan and the US)\n\nLook into what you want to investigate maybe there might be research you can use. . maybe even post a sylabus of the intended project requirements\n\nI used to teach an economics course at undergraduate level maybe, there is information out there that can simplify your project
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Check out the sites on Global economy. This is much too indepth for short Y answers.
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Both terms are different ways of saying the same thing...they both mean to "acquire the greatest quality, in the greatest quantity for the least amount of monetary expenditure".  This of course means that there will be a subjective judgment performed by the purchaser as to what quality is acceptable at what price.
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I'm not sure exactly what you mean.  Economics is a technical discipline by nature.  In its original form economics began as vague explanations of how markets reacted to change.  These theories were more poetic than current economic philosophy.\n\nSome good examples of art in economics could be the management of a theatre.  The example of phantom of the opera is an interesting example.  Build on that premise.  Watch the movie and you will see the change in demand based on the events that unfold.  That one is fairly artzy fartzy and your teacher would probably love it.\n\nhttp://66.102.7.104/search?q=cache:E8FJvWdBNOAJ:johnaugust.com/archives/2005/phantom-of-the-opera+phantom+of+the+opera+economics&hl=en&gl=us&ct=clnk&cd=6\n\nhttp://findarticles.com/p/articles/mi_hb3260/is_200101/ai_n7959819\n\nhttp://www.thenation.com/doc/20020121/hawkes\n\nhttp://ideas.repec.org/p/tcd/tcduee/20007.html
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micro and mini enterprises?
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Basic jobs are the ones that everybody can do, you don't need any special knowledge or skill to do it.  \nNon basic jobs are the ones that you have to earn a degree in order to do it, for example doctors, lawyers, etc these are non basic jobs.
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I am unable to follow your question.\n\nIn finance, one is Receipts and the other is Payments.\n\nPut all your income in a book and expenses in another.\nTry to mark it how you earn those amounts.
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Loan generally refers to monetary and lend generally refers to items.\nI'll loan you $50\nI'll lend you my tools.
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If you're really interested in economics, perhaps you're looking in the wrong place for an education. Try out the Mises Institute - http://www.Mises.org.\n\nIn addition, here are a few basic economics books that are an easy read:\n\n"Economics in One Lesson" by Henry Hazlitt\n"Economics For Real People" by Gene Callahan