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What is Macroeconomics

World Politics and the Challenges for International Security
The study of aggregate economic indicators such as GDP, the money supply, and the balance of trade that governments monitor to measure changes in national and global economies such as the rates of economic growth and inflation or the level of unemployment.
Published in Chapter:
The Economic Component of World Politics and the Main Global Social and Economic Problems
Nika Chitadze (International Black Sea University, Georgia)
Copyright: © 2022 |Pages: 68
DOI: 10.4018/978-1-7998-9586-2.ch013
Abstract
The purpose of this research is consideration and analysis of the main social and economic problems of the world, which are connected with the existence of the gap between “Global North” and “Global South” and problems of the consumption of mineral resources, including energy and water resources, unemployment, illiteracy, health issues, food supply, demography, etc. We are watching the world become one. Countries and regions are interconnected by a thousand threads that make them interdependent. The world economy today is undergoing a process of globalization – the increasing interdependence of the economies of various countries of the world due to the growth in the movement of goods and services and the intensive exchange of goods, information, technologies, and labor migration.
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More Results
Modeling Sovereign Rating of India: Using Principal Component Analysis and Logistic Regression
Macroeconomics, a course in a degree programme on Economics provides theories, principles and tools to (1) examine the level of standard of living of the populace or nation in terms of income, consumption and savings on aggregate or per capita basis, (2) design strategies of policy intervention with a view to improving the above standard of living, and (3) develop criteria to compare the nations of the world in terms their wealth or quality of life.
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Neuroeconomic Perspectives for Economics
The study of key factors in aggregate economy, for example, multiplicators, to guide politicians.
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The Free Market Economy as the Main Guarantee of the State's Socio-Economic Development and Promoting International Cooperation
The study of aggregate economic indicators such as GDP, the money supply, and the balance of trade that governments monitor to measure changes in national and global economies such as the rates of economic growth and inflation or the level of unemployment.
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Humanities, Digitizing, and Economics
The study of key factors in aggregate economy, e.g., multiplicators, to guide politicians.
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Organizational Sustainability: An Index From Macroeconomic Variables
Field that studies the global functioning of the economy as an integrated whole, in order to explain the evolution of economic aggregates.
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