macroeconomics
Output Gap and Macroeconomic Policy Stance
Introduction Potential output and the output gap are persistently sought economic indicators closel…
Introduction Potential output and the output gap are persistently sought economic indicators closel…
Periodic re-benchmarking of GDP (Gross Domestic Product) is necessary to ensure that economic stati…
Concept of GDP Gross Domestic Product (GDP) is a fundamental macroeconomic indicator that quantifie…
Balassa Samuelson effect is one of the influential theories in macroeconomics and international eco…
Introduction The balance of payments is a systematic record of all economic transactions between re…
Concept Public debt is the total sum of money that the government of a country owes to lenders outs…
The tradeoff between economic growth and stabilization refers to the relationship between short-ter…
Remittances are the money transfers made by migrant workers to their home country, usually to suppo…
Definition : Rational expectations are expectations formed by individuals based on all available in…
Introduction The IS-LM model is a macroeconomic framework used to analyze the interactions between …
The real GDP is the inflation-adjusted gross domestic product. It is calculated considering the pr…