MariaLineth

@MariaLineth (3)

Age 30

Joined myLot 13 years ago

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MariaLineth's Activity

Third and Final Macroeconomic Question: Money and the Economy

socballais @socballais (71) • Philippines 25 Sep 12

How do changes in the amount of money in the economy affect output, growth, unemployment and inflation?

49 responses

MariaLineth Producing more money without a raise in output, will have an negative effect on the value of money. But it is a thin and difficult balance.If the value of money is too high, then other countries would have to pay more for our goods. This again could cause more...

27 Sep 12

Economic development or Economic Growth?

socballais @socballais (71) • Philippines 12 Sep 12

Countries around the world benchmark their economic performance by the amount of the Gross National Product (GNP) that they attained. The higher the GNP, the higher is the economic growth. Is economic growth equated with economic...

59 responses

MariaLineth It is understandable that countries speak more loudly about their economic growth rather than actual development. Because a good outlook is also a factor for more investments coming into the country,because the numbers create trust for investors. But in my...

20 Sep 12

Which comes first Microeconomics or Macroeconomics?

socballais @socballais (71) • Philippines 12 Sep 12

Is it possible to venture into Macroeconomics without studying Microeconomics? Is Microeconomics a prerequisite course before studying Macroeconomics?

60 responses

MariaLineth yes it is possible to directly study MacroE, teoretically, because it is in general a different area of economics. But I am sure that it is good to know more than just MarcoE also. And no: I am now attending a MaE course, and got in without any course in...

16 Sep 12

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