Macro Economics

To further protect your online security, active links from Q&A has been disabled!

I am trying to decide which course to take in the spring.

Best Answer

Microeconomics is primarily based on the small details of the economy. It focuses on 1 specific person, 1 specific company, 1 specific state, or 1 specific detail, etc.. For example: The unemployment rate for a specific town...or the cost of living for one specific town. Macroeconomics pretty much focuses on the greater aspects of the economy; such as the cost of living for the whole united states...unemployment rate for the whole united states...etc. I am in macroeconomics right now and I find it hard to believe all of the horror stories I've been told for the last 4 years. It is not a hard class at all. I've also been told many times that Macro is by far the easiest out of the two. Hope this helps! .

is there any amendments that to the constitution that might help macro economics in any way if so what are they and how do they help macro economics

Best Answer

The 14th amendment granted equal protection to non-whites. Thus they have full rights to seek employment, earn income and participate in the economic system. This increases the labor supply and presumably, potential GDP. The 21st amendment removed prohibition and thus made a whole industry legal, thus adding a significant amount to legitimate GDP.

I am taking Micro this semester and I have Macro next semester, any differences in difficulty or are they about the same?

Best Answer

same

Classes are getting ready to start and I need to register ASAP for either miro or macro. Anyone have any advise over which one is easier or more interesting? The study of the economy doesn't sound like something I would really get excited about, so I'll take all the advise I can get. Thanks!

Best Answer

If you don't think you'll get excited about it, go for macroeconomics. The math involved is relatively easy, and it is very broad since discusses economics at higher levels, i.e.: the national economy. Microeconomics is a bit more math, deals with cost-benefit analysis, and scrutinizes economic theory to the individual industry/firm level. Micro can be good if you're going to school for business. But, as I said earlier, if Econ isn't really your thing, an Intro to Macroeconomics course may be the best way to go.

i am picking classes and i need to decide between macro economics and macro economics. what is your opinion of the most 'useful' one?

Best Answer

i've just learnt both and to tell you the truth i don't like either! but that's just me. as far as each course went i liked both equally. i think for me it has been harder to grasp the concept of macro at first like with assignments and tests but once i do it's easy to understand. you'll get lots of arguments as to which one is better. it is personal preference, do you know what the difference between both are? Microeconomics is the study of decisions that people and businesses make regarding the allocation of resources and prices of goods and services Macroeconomics, on the other hand, is the field of economics that studies the behavior of the economy as a whole and not just on specific companies, but entire industries and economies. check out this link http://www.investopedia.com/ask/answers/ 110.asp depends on what you're interested in and what you are aspiring towards in the way of a career.. =)