econ lab 1

econ lab 1 - Macroeconomics Question Two the study of the...

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Econ 2030 Lab Xue Li (Rebecca) January 21,2011 Week One Question One “How have incomes in Japan changed over the last 25 years?” is an example of a _____ question? 1. Microeconomics 2. Macroeconomics Microeconomics o (firms, households, industries) - study of individual choice and how that choice is influenced by economic forces
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Unformatted text preview: Macroeconomics Question Two - the study of the economy as a whole. It considers the problems of inflation, unemployment, business cycles, and growth (aggregate relationships) “how have incomes in the automobile industry in Japan changed over the last 25 years?” is an example of a ____ question? 1. Microeconomics 2. Macroeconomics...
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