Analysis of Macroeconomic Indicators Of China Analysis: Macroeconomic Indicators along with values is provided in the below table Macro Economic Indicators | Value | GDP Growth Rate | 9.1% | IIP Growth Rate | 14% | Agricultural Growth Rate | 4.3% | Fiscal Deficit | 800 billion yuan | Interest Rates | 6.56% | Exports | 180.2 billion USD | Imports | 148.5 billion USD | Current Account Deficit | 59.8 billion USD | Inflation | 7.65% | Foreign Exchange Reserves | 3.24 trillion USD | GDP Growth
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product (GDP)‚ unemployment‚ national income‚ inflation‚ price levels or rate of growth. 2. Micro Economics: It studies the market behavior of consumers and firms to understand the decision-making process of firms and households. In opposition to macroeconomics‚ microeconomics looks at the smaller picture and focuses on how individual businesses decide how much of something to produce and how much to sell it for. It focuses on patterns of supply and demand and the determination of price and output in
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Macroeconomics and Managerial Decision Making Julie Pasternak Indiana Wesleyan University A recession is defined as a period of temporary economic decline during which trade and industrial activity are reduced‚ generally identified by a fall in GDP in two successive quarters (Farnham‚ 2014). The United States began to experience this crisis in 2007 and continued to feel its effects in early 2012 (Farnham‚ 2014). “Employment growth during the current recovery has
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Explain briefly how macroeconomics is different from microeconomics. Please give examples. What is economics? Before we start to learn about economics‚ we have to understand that what is the different between macroeconomics and microeconomics. Macroeconomics and microeconomics are the main branches of economics. (Karl E. Case‚ Ray C. Fair and Sharon M. Oster (2012): Principles of Economics‚ 10th ed. Global Edition‚ Chapter 1). And‚ I will describe that with examples. Microeconomics seems likes
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Macroeconomic policies are policies that affect the economy as a whole with the aim of minimizing fluctuations in the business cycle. Macroeconomic policies are made up of two types of policies‚ these including both monetary implemented by the Reserve Bank of Australia and fiscal policies administered by the government. The implementation of these policies has a significant and vital role in the achievement of multiple economic objectives. These including; Full employment of labor resources‚ sustainable
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Country Report: Belgium Assignment: Global Macroeconomics and Business Environment 1. Executive Summary The purpose of this paper is to give a brief presentation of the current situation of the Belgian economy‚ its challenges and prospects and to recommend policies to tackle these challenges. The Belgian economy is stumbling. Belgium almost entered into a recession in 2012 and the GDP trend is negative. Consumer spending is low. Government spending and investment spending
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Table of Contents Introduction/ Background 2 PESTLE Analysis 4 Political Environment 4 Socio-Cultural Environment 5 Technological Environment 5 Legal Environment 6 Environmental Factors 6 SWOT Analysis 7 Economic Environment 8 Export & Import 8 Government Expenditures 9 Investment 11 Economic development/ Forecast 11 China should face a lot of challenges 11 Chinese economy in the next 20 years 12 Economic Growth 12 Definition & Measurement 13 Causes of Economic
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CHAPTER 1 QUESTION: IDENTIFY AND EXPLAIN TEN (10) MACROECONOMIC VARIABLES AFFECTING A NAMED BUSINESS ENVIRONMENT. HOW CAN THESE BE REGULATED? INTRODUCTION In today’s world‚ no business operates in isolation without interacting with the environment where it operates. Irrespective of the nature of business whether public or private organization; manufacturing; service industry; local or international firm‚ its operations are inhibited by the environment in which it operates. During 2003-2007
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| IS THERE A CORE OF PRACTICAL MACROECONOMICS THAT WE SHOULD ALL BELIEVE ? | | ATULUKU ORIYOMI | | ECON-8220-001:SEMINAR IN MACRO THEORY | 8/30/2011 | | The IS curve is the functional relationship between real output and real interest rates derived from behavioral determinants of spending such as (endogenous variables) wealth‚ income‚ interest rates‚ government budget and so on. The sensitivity of investment to interest rates is uncertain or questionable in nature. Nonetheless
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MACROECONOMICS POLICY AND SUSTAINABLE DEVELOPMENT IN NIGERIA INTRODUCTION In normal economic condition‚ macroeconomic policy drivessustainable development of anation. The two main branches of macroeconomics policies are based on monetary and fiscal economics. Central Bank‚ the nationalapex bank controls the monetary policy while the Ministry of Financeplays major role in national fiscal policy. However‚ most economists concur that‚ synergy exists between micro-and macro-economics variables and
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