This document discusses two topics in intermediate macroeconomics: macroeconomic general equilibrium, which examines how aggregate supply and demand interact in product and factor markets to determine equilibrium output, employment, interest rates and inflation; and long run growth, which analyzes factors that influence the long-term growth rate of the overall economy such as capital accumulation, population growth, and technological progress.
This document discusses two topics in intermediate macroeconomics: macroeconomic general equilibrium, which examines how aggregate supply and demand interact in product and factor markets to determine equilibrium output, employment, interest rates and inflation; and long run growth, which analyzes factors that influence the long-term growth rate of the overall economy such as capital accumulation, population growth, and technological progress.
This document discusses two topics in intermediate macroeconomics: macroeconomic general equilibrium, which examines how aggregate supply and demand interact in product and factor markets to determine equilibrium output, employment, interest rates and inflation; and long run growth, which analyzes factors that influence the long-term growth rate of the overall economy such as capital accumulation, population growth, and technological progress.