Economics Dictionary of Arguments

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Macroeconomics: Macroeconomics is the study of the economy as a whole, focusing on factors like inflation, unemployment, economic growth, and government policies' impact on them. It examines how households, businesses, and governments interact to shape the broader economic environment. See also Economy, Inflation, Economic growth.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

 
Author Concept Summary/Quotes Sources

Neoclassical Economics on Macroeconomics - Dictionary of Arguments

Mause I 55f
Macroeconomics/Neoclassicism/NeoclassicismVsMacroeconomics: at the time of Neoclassical Theory the microeconomics was in the focus of economic interest. In contrast, macroeconomics, which examines the behaviour of macroeconomic aggregates (such as national income or employment), played hardly any role.
This position became untenable with the global economic crisis in the late 1920s and early 1930s. The economic slumps in many countries and the resulting mass unemployment made the importance and dangers of macroeconomic imbalances very clear. See Macroeconomics/Keynes.


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Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.
Neoclassical Economics
Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018


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