Question: You may use quotes from the texts, but should include context in your own words. You should also use examples to help make your point.

You may use quotes from the texts, but should include context in your own words. You should also use examples to help make your point. Please only work on this for four hours (more or less); take more time if you need accommodations. You can consider the prompts and work off-line, posting your text into this assignment when you are done.

  1. What is macroeconomics? Consider this in one (and only one) of the following ways:
    • What are the goals of Macroeconomics? Discuss both the traditional (3: Employment, Growth, Price Stability) goals and the expanded ones, in the textbook.Explain in detail, exploring the different indications of economic well-being.
    • How does this recession compare to the Great Depression?What are similarities and differences? Discuss.
    • Where did Macroeconomics come from? How does it help us understand the world?
  2. Why is inequality (such as in the Great Depression, or today) a problem for the health and stability of the economy? What has happened to inequality in the U.S, looking at wealth and/or income? How do you think about economic inequity?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Macroeconomics is the branch of economics that deals with the overall performance structure and behavior of an economy as a whole It focuses on largescale economic factors such as national productivit... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!