Macroeconomics

Optimization of macroeconomic proportions is achieved through the mechanism of supply and demand. Consider the problem of matching supply...

As already noted, consumption and investment are important components of aggregate demand, with savings having a significant impact on...

To avoid significant losses from the decline in production, an active state policy is needed to regulate aggregate demand....

In the world economic literature, two main directions of the mechanism for regulating national production in market conditions can...

In the AD-AS model and the Keynesian Cross model, the market interest rate is an external (exogenous) variable and...

In a philosophical sense, economics must always, at all times, be social. After all, it cannot exist without a...

The total incomes of the population, their level, structure, methods of obtaining and differentiation are indicators of the economic...

The formation of total incomes of the population covers their production, distribution, redistribution and use. The distribution of income...

The second structural part of social policy – employment policy – also reflects the hardships, distortions and problems of...

The next structural component of social policy is the social protection policy. This is a system of principles, norms...

According to the Programme of Social and Economic Development of the Republic of Belarus for 2001-2005, in the forecast...

The classical and Keynesian approaches to macroeconomic policy are different. Disagreements relate to the causes of instability in aggregate...

Economic stabilization is associated with many practical difficulties. These include:a) time lags of fiscal and monetary policy;b) ...

The English economist Phillips in the late 50s found a relationship between the unemployment rate and wage growth. Analyzing...

The main goal of the monetary policy of the Republic of Belarus is to promote the development of all...

The term “finance” comes from the Latin “financia”, which means payment. For the first time with the meaning of...

The section “Microeconomics” analyzes the demand, supply and price of individual goods in single markets. In the section “Macroeconomics”...

In the system of public finances, the main place is occupied by the budget, which is used by the...

Aggregate Demand and Aggregate Supply Model (AD-AS)The equilibrium of supply and demand in the national economy is reached at...

A powerful impact on the economic dynamics is exerted by the expenditure part of the budget, which in turn...

Ideally, the total amount of government revenues should cover the amount of expenditure items of the state budget. In...

Fiscal (fiscal) policy – measures of the government to change public spending, taxation and the state of the state...

The Republic of Belarus belongs to the countries with a small but open economy, which in the conditions of...

Money plays an exceptional role in a market economy, the functioning of which is based on commodity-money relations. Money...

The money market is a market in which a special commodity – money – is sold and bought. Its...

The supply of money (Ms) includes cash (C) outside the banking system and deposits (D), which economic agents can...

The money market model combines the supply and demand of money. At first, for the sake of simplicity, we...

The securities market is in close cooperation with the money market. The securities market differs from other types of...

The credit and banking system is a set of credit and financial institutions that perform specific functions for the...

The need for credit is due to the fact that some households and enterprises have temporarily free cash, while...

Monetary policy objectives are classified into final and intermediate.Ultimate goals:(a) Economic growth;b) full-time employment;c) price stability;d) stable balance of...

The term inflation (from the Latin inflatio – swelling) was first used in North America during the Civil War...

Monetary policy has a rather complex transfer mechanism. The effectiveness of the policy as a whole depends on the...

Economic theory became a science after the classics substantiated that the main source of a nation’s wealth is not...

Aggregation. First of all, it should be borne in mind that aggregated parameters are used in macroeconomics. The macroeconomic...

A distinctive feature of macroeconomic analysis is modeling, which allows you to study economic phenomena and processes by constructing...