MACRO ECONOMICS (Theories (Theory of money (monetary economics) (rotation…
Theory of money (monetary economics)
rotation of money
north v/s south
state should be regulated and mis balanced
Theory of inflation (price medium) :
inflation exists even when there is no excess in demand
refers to the rate of change in prices
measured against a standard level of purchasing power
Theory of employment
6% human capital.
factors deal with employment
it is also known as resource emp. theory
pak - north. rest of pakistan.
Pak - south. Balochistan sindh.
history of macro economics
State has to increase capacity and skills
GDP (gross domestic product) GNP (gross national product).
economy as whole.
regional / interior / global economics.
its difficult to make economic decisions.