Macroeconomics

Quoted shares are shares that have been quoted on a recognised stock exchange. And the stock exchange is a service...

The green gross domestic  product is an index of economic growth that factors in environmental consequences. Green GDP has gained...

Frictional unemployment is also sometimes referred to as search unemployment. It refers to the unemployed period when people are between...

Cyclical unemployment is closely related to Keynesian economics theory. It refers to a situation where there are more people looking...

If you follow the economic news you will probably have heard the word inflation, used many times; it has also...

John Maynard Keynes was a British economist who wrote extensively during the 1920s and 1930s. His work is still considered...

Inflation is an economics term that most of us hear a lot. There will often be news stories about how...

Macroeconomics is interested in how the economy works overall. This is a subject that is of great interest to a...

The business cycle is something you will frequently hear economists mention.  It is often discussed in relation to a countries...

Those who listen to the financial news may have heard the term 'Keynesian economics' floated around. There may be some...

John Maynard Keynes called gold "the barbarous relic". Now, long after Keynes' school of economics became unfashionable, gold is once...

Quantitative Easing is essentially the creation of money. As we live in a digital age, the money is not even...

Visualizing Economics: How can you measure a nation's wealth? How much do you earn? How rich is the United States?...

From a macroeconomic perspective, households, government and firms (corporations) are the 3 fundamental players of money and resources. This flowchart...

Firms and households interact and exchange resources in the big Circular Flow of Income illustrated by the diagram below. The...

Transfer payments are given by government of various levels to under-privileged society members like unemployed workers, the elderly who's unable to...

As of the most up to date data from authoritative sources such as International Monetary Fund, World Bank and CIA...

What is an economic recession? In a perspective as broad as nation wide, or macroeconomically, a recession is a slightly...

This flow-chart diagram illustrates how governments, households, corporations and international entities interact in 3 major markets to run the economy...

A typical industry life cycle might be described by four stages: a start-up stage, characterized by extremely rapid growth; a...