It studies how the economy behaves, performs, and functions by addressing different economic concepts like gross domestic product (GDP), employment, and inflation. Macroeconomists can use the ...

Four key economic concepts—scarcity ... Article Sources Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original ...

By looking at the year-on-year change any seasonal effects will be filtered out. Economic indicators that make use of the volume concept include household consumption, international trade, ...

Dhruv Khullar is a resident in internal medicine at Massachusetts General Hospital. Stephen Morrissey, the interviewer, is the Managing Editor of the Journal.

In this course, we discuss fundamental economic concepts and apply them to current events ... Students will learn how to characterize the relevant aspects (measurement), how to use economic analysis ...