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Economics

2010

Macroeconomic Policies

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Introduction To The Macroeconomic Structure Of Yemen, Professor Issam A.W. Mohamed Jan 2010

Introduction To The Macroeconomic Structure Of Yemen, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

In countries where tools of economic control are immature and disabled due to totalitarian systems, macroeconomic analyses for aggregate quantities and relationships, such as total consumption, investment, and government expenditures represents a difficult task. The practice of aggregation distinguishes this field of microeconomics and has advantages but also creates problems, a brief survey of these problems is required now, although a deeper appreciation of these must await the critical attitudes that can only develop with more exposure to entire subject. One difficulty is the complex area known as the aggregation problem, the classifying of widely varying goods or activities into ...