Can anybody explain the  "MACRO-ECONOMIC" in simple language ?
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Macro (meaning large) Economics involves the economy as a whole - the overall functioning of the whole economy.  As opposed to microeconomics which deal with the workings of a single industry (or several industries).  Microeconomics would look at supply and demand of a single product such as oil.  When Katrina hit and disrupted the oil supplies and the oil industry in the Gulf of Mexico, oil prices shot up (supply and demand).  That is Microeconomics.\n\nMacroeconomics would look at that same event (Hurricane Katrina) and examine how that event would impact total good produced.  How would the rise in oil prices affect the shipping of goods (and the airline industry in general) and how would that reduction in goods shipped impact employment in affected industries?  How should the Federal Reserve respond and adjust interest rates and the money supply to dampen those negative effects?\n\nWhat would the impact of Katrina be on quarter-to-quarter growth in the economy?
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http://www.economy.com/dismal/\nThis web site is a good starting point.
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yes it has a great effect in macro economics dealing with exchange rates and interest rates and foreign trade. a weak or undervalued currency is better for manufacture of goods in your country and a strong currency is better if you import goods from other countries.
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Capital, labor, and technology\n\nY=A*F(K, L)
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Observe the economic of your country for a while and learn from it.\nOr you could always try www.wikipedia.org
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"Europe's economic" what?
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PEOPLE, RULES, GOVERNMENT, MONEY, AN ECONOMY, FAMILIES
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Try Fumio Hayashi's "Fundamental Economtetrics".  Used it in ECON 560 - 'Advanced Economics' last term and really liked it.  You might also want to look into a collection of essays on economic thought called 'Second Thoughts' by Williamson (I forget the first name, but looking that title up at your local library should produce the book).
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The two main branches of economics are microeconomics and macroeconomics. Microeconomics looks at the behavior of what are called 'individual actors' (an individual, a household, a business or even groups of those). Microeconomics looks at prices of things and of services. It wants to help people decide how to divide society's resources.
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Fundamental: Looks at basics of a company, such as earnings, industry, and other trends\n\nEconomy: Looks at the macro economy\n\nIndustry: Looks at a certain industry and compares products between the competition.  Possibly supply chains.  Vertical and horizontal competition.\n\nCompany:  Same as #1.
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A good economy supports business, and make transactions faster as they go faster we all win!\n\nBanks are willing to loan money more easily, so that new businesses will develop.\n\nAs more businesses develop, more people will be employed, as more people are employed, more will have money for discretionary spending, which means more business.\n\nWhich means more money available to purchase more goods, which means that everyone wins.\n\nAs more people have money, due to an improved economy people will feel better...\n\nIt is when things like high gas prices, hurt business, or high interest rates.  Then the cost of business is higher, and people will hold on to their money longer.  Banks charge more for loans because they are being charged more.\n\nSpending slows down...people are laid-off.  Unemployment becomes a problem.  People cannot make house payments, so banks foreclose on them.\n\nInventories are stagnant because nobody can afford anything.
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Government and Economics.  Money and Power - yeah!
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Simple and profound!\n\nThe less taxes, the more gdp.\n\nCheck it out!
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Macro means large, Micro means small.\n\nIf you took the sum of every indivudual demand curves, you would have the aggregate.\n\nExample:  Person A would demand 5 units at $3.00 while Person B would demand only 4 units at $3.00.  The aggregate demand curve at $3.00 would then be 5 + 4 or 9.\n\nGenerally speaking, for normal goods, as the price rises, people demand less ... if the price were $4.00 in the above, then Person A might only demand 2 units and Person B may only demand 3 units.  Generally this reflects the opportunity cost of th next best alternative.  As you are required to spend more on one good, you can afford that much less of another ... so the trade off's become greater.
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I am agreed with the answer of SR to somehow.\nThere are four factors of economy i.e.\n1.   Land\n2.   Labour\n3.   Capital\n4.   Organisation.\nevery factor is earning on its usage\nRent for land,\nwages for labour,\ninterest for capital, \nand profit for organisation.\n\nAs capital plays a vital role in any enterprise or u can say that in economy so it has a great importance in it.\nThe rate of interest is so determined to maintain the level of capital in order, in enterprise or in economy (when we are speaking generally).\nThen comes the concept of inflation and deflation in economy, i think there is no more need to clear these concepts.\nSimply interest rate is a tool to control the inflation and deflation in economy.
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here is some help! hope it answers your question!\n\nThere is no simple answer to your question. The most common measure of\nthe money in an economy is gross product, in this case gross world\nproduct. Gross world product means the sum of the value of all the\ngoods and services produced in the world, including investments. The\nCIA (http://www.cia.gov/cia/publications/factbook/geos/xx.html) says\nthat gross world product in 2000 was an estimated $43.6 trillion in\nU.S. dollars. For an explanation of gross domestic product, the\ncountry-level equivelant of gross world product, see\n(http://www.pbs.org/wnet/moneyshow/mba/040601.html).\n\nMost of that $43.6 trillion is not cash. Economists can estimate the\namount of cash -- currency, checking accounts and traveler's checks\nwith a statistic called the M1 money supply. Adding money in money\nmarket funds, savings accounts and small CDs gives us the M2 money\nsupply. See http://www.howstuffworks.com/question237.htm.\n\nI was unable to find a world figure for money supply; most economists\nare interested in how much its changing rather than the total number\nof trillions of dollars. The U.S. M1 money supply was $1.182 trillion\nin May 2002 (see http://www.stls.frb.org/fred/data/monetary/m1sl) and\nthe M2 money supply $5.543 trillion\n(http://www.stls.frb.org/fred/data/monetary/m2sl).\n\nI hope this satisfies your curiosity.\n\nSearch strategy:\n\nGross world product\nhttp://www.google.ca/search?q=gross+world+product&ie=UTF-8&oe=UTF8&hl=en&meta=\n\nCalculating gross world product\nhttp://www.google.ca/search?q=calculating+gross+domestic+product&hl=en&ie=UTF-8&oe=UTF8\n\nworld money supply trillion\nhttp://www.google.ca/search?hl=en&lr=&ie=UTF-8&oe=UTF8&q=world+money+supply+trillion&sa=N&tab=gw\n\nworld gdp money supply\nhttp://www.google.ca/search?hl=en&ie=UTF-8&oe=UTF8&q=world+gdp+money+supply&meta=\n\nM1 Canada United States France\nhttp://www.google.ca/search?hl=en&ie=UTF-8&oe=UTF8&q=m1+canada+united+states+france&meta=\n\nMoney supply Canada United States France\nhttp://www.google.ca/search?q=money+supply+canada+united+states+france&hl=en&lr=&ie=UTF-8&oe=UTF8&start=10&sa=N\n\nworld money supply\nhttp://www.google.ca/search?q=world+money+supply&hl=en&ie=UTF-8&oe=UTF8\n\nM1 money supply\nhttp://www.google.ca/search?q=M1+money+supply&hl=en&ie=UTF-8&oe=UTF8
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macroeconomics and microeconomics\n\nmacro-the study of economics as a whole.\n\nmicro-the study of the individual households.