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What is 'Macroeconomics'

❶Individuals are typically broken down into subgroups, such as buyers, sellers and business owners.

Macroeconomics - key terms

Gross Domestic Product (GDP)
BREAKING DOWN 'Macroeconomics'
11 thoughts to “Economics: Key Terms and Definitions”

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Start studying Macroeconomics: Key Terms. Learn vocabulary, terms, and more with flashcards, games, and other study tools.

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This key term glossary covers the vast majority of concepts needed for students preparing for their AS (Unit 2) macro economics exam. It is suitable for all.

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A Glossary of Macroeconomics Terms The Accelerator -- A parameter that defines the relationship between national income and required capital stock. An Asset -- Anything of value owned by an individual, institution or economic agent. Study Flashcards On Macroeconomics Chapter 7 Key Terms at Quickly memorize the terms, phrases and much more. makes /5(1).

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View Notes - Macroeconomics Key Terms from ECON at Carleton University. Macroeconomics Terms Paper. The following paper will define 8 key terms related to macroeconomics for the Individual Assignment in ECO Week 1.