3. Definition: Macroeconomics is the branch of economics that
studies the behavior and performance of an economy as a
Whole. It focuses on the aggregate changes in the economy
such as unemployment, growth rate, gross domestic product
and inflation.
Description: Macroeconomics analyzes all aggregate
indicators and the microeconomic factors that influence the
economy. Government and corporations use macroeconomic
models to help in formulating of economic policies and
strategies.
4. "A: Inflation occurs when the price of
goods and services rise, while deflation
occurs when those prices decrease. The
balance between the two economic
conditions is delicate, and an economy
can quickly swing from one situation to
the other."
5. Ang pagtaas sa pangkalahatang antas ng mga presyo
ng mga kalakal(goods) at mga serbisyo sa isang
ekonomiya sa loob ng periodo ng panahon.
Kung ang pangkalahatang antas ng presyo ay
tumataas, ang bawat unit ng salapi ay makakabili ng
mas kaunting mga kalakal(gaya ng mga produkto) at
mga serbisyo.
6. Inflation is an increase in the overall price level.
Hyperinflation is a period of very rapid increases in
the overall price level. Hyperinflations are rare, but
have been used to study the costs and consequences
of even moderate inflation.
Deflation is a decrease in the overall price level.
Prolonged periods of deflation can be just as
damaging for the economy as sustained inflation.
7. Bakit may inflation?
Demand-pull
Kapag dumadami ang salapi na hawak ng sambahayan ◦
Dahil dito, napapataas nila ang demand na magdudulot
naman ng shortage sa pamilihan.
Cost push
Kapag tumaas ang gastusin sa produksyon Pagmahal ng
salik, nanghihingi ng mataas na sahod ang manggagawa,
pagmahal ng langis
8. Business Cycle
-siklo ng paglaki at pagliit ng produksyon ng
panloobna ekonomiya ng isang bansa.
Expansion-paglaki ng produksyon.
Contraction-pagbaba ng produksyon.
10. A recession is a
period during
which aggregate
output declines.
Two consecutive
quarters of
decrease in output
signal a recession.
A prolonged and
deep recession
becomes a
depression.
12. The unemployment rate is the percentage of
the labor force that is unemployed.
The unemployment rate is a key indicator of
the economy’s health.
What is 'Unemployment Rate'
Unemployment rate is defined most basically
as the percentage of the total labor force that
is unemployed but actively seeking
employment and willing to work.