Question: Question 1: How does macroeconomics differ from microeconomics? What do they cover. . Question 2: What does the circular flow model show? How does it

Question 1: How does macroeconomics differ from microeconomics? What do they cover.

. Question 2: What does the "circular flow" model show? How does it extend to foreign markets?

Question 3: What factors affect demand? What affects affect supply? How does the price and quantity change after the shift?

Question 4: List and describe components of demand side GDP. Which component has the largest share in GDP?

Question 5: What is the importance in macroeconomics of measuring per capita GDP?

Question 6: Is GDP a good measure of well-being?

Question 7: What do you think contributed to labor productivity growth?

Question 8: What is capital deepening? What are some factors that would enhance human capital deepening?

Question 9: What are the three main sources for economic growth in any economy? Question 10: What is green growth and why is it important?

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