Global Macroeconomics Question: Economic growth was impactedseverely by the pandemic. What economic policies would you recommend toreaccelerate economic growth?
Please write in 2 page (Reference to the theories in lecture notes), 1 or 2 graphs is recommended.
Course outline
-How economists determining the economy.
-An overview of macroeconomics, including how it differs from microeconomics and why it’s important.
-Market equilibrium, aggregate supply/demand, and macroeconomic models
-Fiscal policy: trade-off between unemployment, inflation, and business cycles
-Productivity, economic growth, and technological innovation
-Industrial policy, premature de-industrialization, and modern-day mercantilism
-Banking, money, and financial markets
-Monetary policy includes central banking, the Federal Reserve policy, and the money supply.
-Specialization, comparative advantage, and international trade
-Balance of payments, foreign exchange, and FX market structure
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