Stock and Flow variables Both stock and flows are variables. Generally, most of the economic variables that are studied are categorized either as stock or flow variables. Both are quantities that may increase or decrease over time. However, there is a difference between them. Stock variables are those which are measured at a point of […]
National Income Meaning, Definitions and Measurement Meaning of National Income National income refers to the total value of goods and services produced within a country’s borders in a specific time period, typically a year. It is a key indicator of a country’s economic performance and is used to measure the overall health and growth […]
Scope of Macroeconomics Macroeconomics is a branch of economics that deals with the behavior, structure, and performance of an economy as a whole. The scope of macroeconomics is broad and encompasses several key areas of study and analysis related to the economy as a whole. Here are the main components of macroeconomic analysis: 1. Aggregate […]
Concept of Macroeconomics – Meaning, Definitions and Nature Meaning of Macroeconomics The field of economics has been divided into two distinct area of study: microeconomics and macroeconomics. Microeconomics is that branch of economics which analyses the market behaviour and decision-making process of the individual consumers and firms and also the interactions between individual buyers and […]
You cannot copy content of this page. The content on this website is NOT for redistribution
Subscribe to Simplynotes Channel on YouTube
Subscribe & Support Us !
