by Dan | Jul 4, 2023 | Essays
The COVID-19 pandemic wreaked havoc on the global economy in an unparalleled fashion. Each step of this three-part core assessment will challenge you to apply key macroeconomic theory concepts to this real-world case study (that we all lived through). In this unit,...
by Dan | Nov 26, 2022 | business
Now is the time to delve deeper into a chosen country and identify key macroeconomic concepts that affect domestic growth and consumer welfare. Locate a recent article or event (published within the last year) that highlights your selected macroeconomic topic. Use the...
by Belinder | Oct 2, 2022 | economics
How important is economic growth? Does it really make people better off in the long run? Or, as the question is sometimes misleadingly put, “Can money buy happiness?”
by Belinder | Jul 15, 2021 | Economics
We have described economic growth as a function of increased worker productivity, and have argued that worker productivity has risen due to increased levels of capital and technology. We have argued that the more capital a country has, the more it will be able to...
by Dan | May 8, 2018 | Main
1. What is the gross domestic product of a country? What is meant by ‘intermediate goods’ and are they included in the measure of GDP? Give an example of a good that could be an intermediate good or a final good depending on the situation. Explain...
