Comparative macro statics

  In real world, the economy is changeable. With the pace of time, macroeconomics variables change and that affect to the static equilibrium. Comparative macrostatics explain movable equilibrium. It makes the comparative study of different equilibriums attained by the economy in the economic activities. It deals with the old and new equilibrium. Like comparative microstatics […]

Macro-static

  Generally every economic activity is affected by size of population, the supply of capital, methods of production, forms of business organization, desire of people etc. Macro-static explains the aggregate relation in a stationary state. It shows the equilibrium of an economy at particular point of time. The macrostatics analysis explains the relation among these […]