Macroeconomic Essays

KHIND Holdings Berhad is a Malaysia-based corporation that engaged in investment holding and provision of management services. From a humble beginning of 1961, KHIND founded by Cheng King Fa, started a traditional family business, manufacture small electrical accessories and lamps in Sekinchan. (KHIND, 2010) Until today, as the growth of …

This paper will investigate inflation targeting policy and its implication on the South African economy. Since the early 1990s, there were more than 30 countries across the globe that adopted inflation targeting as their primary framework for monetary policy (Brimmer, 2002). Inflation target refers to an economic policy in which …

Unemployment is a macroeconomic phenomenon that directly affects an economy, its people and the society as a whole. The rise of unemployment in many developed countries has kept it in the limelight of macroeconomic research, and the underlying causes behind the existence of unemployment remain contentious. Given this divergence, the …

The economy of Canada, like the economy of any other free market society, will be governed by the various microeconomic principles and macroeconomic principles that keep the wheels of the economy in motion. Of course, in order to understand how microeconomics and macroeconomics relate to one another, there must be …

During World War II, you could buy a loaf of bread for $0.15, a new car for less than $1,000 and an average house for around $5,000. In the twenty-first century, bread, cars, houses and just about everything else cost more. A lot more. Clearly, we’ve experienced a significant amount …

1. Suppose that society decided to reduce consumption and increase investment. a. How would this change affect economic growth? * Doing so will definitely affect the cash flow within the community making it hard for companies to gain profit. Prices will surely be lowered down, and stocks might be put …

Frictional unemployment also known as search unemployment distinguishes the time period between jobs when a worker is searching for or transitioning from one occupation to the next. Unemployment that exits in a fast growing economy with an expanding mobile, elastic and adaptable labor force of having many different options. With …

GDP is the value of goods and services which is released quarterly by the Federal Reserve. This includes the goods and services manufactured by that country that calculates the state of a country’s economy. This is the main indicator used to calculate the state of a country’s economy. The GDP …

This chapter examines factors that contribute to long run economic growth. As you read the chapter, Compare US economic growth and living standards with other countries. -The growth rate was not the highest, however the United states did actually have one of the highest standards of living compared to other …

Over the past few years, the idea of establishing “export processing zones” (EPZs) has found support among several developing countries. This development is linked to the increasing acceptance of” globalization” and neoliberal policies across the region. Developing countries have tried to stimulate exports of nontraditional manufactures. Efforts have been undertaken …