florefie

@florefie (2)

Philippines • Age 80

Joined myLot 12 years ago

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Responses (2)

florefie's Responses

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

florefie In my own opinion macroeconomics consider the performance of the economy as a whole. many macroeconomics issues appear in the press and on the evening news on daily basis. when we study macroeconomics we are looking at topics such as economic growth...

24 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

florefie In my own opinion economic development generally refers to the substained concerted action of policy makers and communities that promote the standard of living and economic health of a specific area... wyl economic growth refers to arise in national or per...

24 Sep 12