Macro dynamics

  All the economic factors are changeable. With the pace of time, the factors like population, capital, technology, production method, forms of business organization, nature and desire of people etc change that affect to the aggregate demand and aggregate supply. In this macro dynamics, we discuss the process of change from one equilibrium level to […]

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 […]