Comments on: Seeing the forest through the trees – An intro to Macroeconomics! http://welkerswikinomics.com/blog/2009/10/20/seeing-the-forest-through-the-trees-an-intro-to-macroeconomics/ for students and teachers of Economics Wed, 08 Feb 2012 23:39:55 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Aurora http://welkerswikinomics.com/blog/2009/10/20/seeing-the-forest-through-the-trees-an-intro-to-macroeconomics/comment-page-1/#comment-21210 Aurora Tue, 31 Jan 2012 18:22:35 +0000 http://welkerswikinomics.com/blog/2008/01/21/trying-to-see-the-forest-through-the-trees-welcome-to-macroeconomics/#comment-21210 Micro ConceptMacro Equivalent Market Economy Demand Aggregate demand Supply Aggregate supply Price Price level Quantity supplied Gross domestic product Decrease in demand Leakages Increase in demand Inflection Decrease in supply Unemployment Increase in supply Injections Excise (indirect) tax Taxation Subsidy Government expenditure Micro ConceptMacro Equivalent
Market Economy
Demand Aggregate demand
Supply Aggregate supply
Price Price level
Quantity supplied Gross domestic product
Decrease in demand Leakages
Increase in demand Inflection
Decrease in supply Unemployment
Increase in supply Injections
Excise (indirect) tax Taxation
Subsidy Government expenditure

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]]> By: rpuri2 http://welkerswikinomics.com/blog/2009/10/20/seeing-the-forest-through-the-trees-an-intro-to-macroeconomics/comment-page-1/#comment-21188 rpuri2 Tue, 31 Jan 2012 09:14:48 +0000 http://welkerswikinomics.com/blog/2008/01/21/trying-to-see-the-forest-through-the-trees-welcome-to-macroeconomics/#comment-21188 Micro Concept = Macro Equivalent Market = Economy as a whole Demand= Aggregate Demand Supply = Aggregate Supply Price = Price Level Quantity = Output/ Gross Domestic Product Decrease in demand = Decrease in Aggregate Demand Increase in demand = Increase in Aggregate Demand Decrease in supply = Decrease in Aggregate Supply Increase in supply = Increase in Aggregate Supply Excise (indirect) tax = Taxation Subsidy = Government Expenditure Micro Concept = Macro Equivalent
Market = Economy as a whole
Demand= Aggregate Demand
Supply = Aggregate Supply
Price = Price Level
Quantity = Output/ Gross Domestic Product
Decrease in demand = Decrease in Aggregate Demand
Increase in demand = Increase in Aggregate Demand
Decrease in supply = Decrease in Aggregate Supply
Increase in supply = Increase in Aggregate Supply
Excise (indirect) tax = Taxation
Subsidy = Government Expenditure

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]]> By: Ahamdock http://welkerswikinomics.com/blog/2009/10/20/seeing-the-forest-through-the-trees-an-intro-to-macroeconomics/comment-page-1/#comment-21182 Ahamdock Tue, 31 Jan 2012 05:50:42 +0000 http://welkerswikinomics.com/blog/2008/01/21/trying-to-see-the-forest-through-the-trees-welcome-to-macroeconomics/#comment-21182 Market - Economy Demand - Aggregate demand Supply - Aggregate supply Price - Same Quantity - Same Decrease in demand - Decrease in aggregate demand Increase in demand - Increase in aggregate demand Decrease in supply - Decrease in aggregate supply Increase in supply - Increase in aggregate supply Excise (indirect) tax - Taxation Subsidy - government expenditure Market – Economy
Demand – Aggregate demand
Supply – Aggregate supply
Price – Same
Quantity – Same
Decrease in demand – Decrease in aggregate demand
Increase in demand – Increase in aggregate demand
Decrease in supply – Decrease in aggregate supply
Increase in supply – Increase in aggregate supply
Excise (indirect) tax – Taxation
Subsidy – government expenditure

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]]> By: Antonio Fabregat http://welkerswikinomics.com/blog/2009/10/20/seeing-the-forest-through-the-trees-an-intro-to-macroeconomics/comment-page-1/#comment-21160 Antonio Fabregat Mon, 30 Jan 2012 23:26:32 +0000 http://welkerswikinomics.com/blog/2008/01/21/trying-to-see-the-forest-through-the-trees-welcome-to-macroeconomics/#comment-21160 Market - Economy Demand - Aggregate demand Supply - Aggregate supply Price - Price level Quantity - Output/ Gross Domestic Product Decrease in demand - Unemployment Increase in demand- Inflation Decrease in supply - Economic contraction / decrease in aggregate supply Increase in supply - Injections / Economic growth Excise (indirect) tax - Taxation Subsidy- Government expenditure Market – Economy
Demand – Aggregate demand
Supply – Aggregate supply
Price – Price level
Quantity – Output/ Gross Domestic Product
Decrease in demand – Unemployment
Increase in demand- Inflation
Decrease in supply – Economic contraction / decrease in aggregate supply
Increase in supply – Injections / Economic growth
Excise (indirect) tax – Taxation
Subsidy- Government expenditure

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]]> By: mlopezrubio2 http://welkerswikinomics.com/blog/2009/10/20/seeing-the-forest-through-the-trees-an-intro-to-macroeconomics/comment-page-1/#comment-21145 mlopezrubio2 Mon, 30 Jan 2012 19:40:02 +0000 http://welkerswikinomics.com/blog/2008/01/21/trying-to-see-the-forest-through-the-trees-welcome-to-macroeconomics/#comment-21145 Market - Economy Demand - Aggregate demand Supply - Aggregate supply Price - Price level Quantity - Output Decrease in demand - Leakages Increase in demand - Inflation Decrease in supply - Unemployment Increase in supply - Injections Excise (indirect) tax - Taxation Subsidy - Government spending Market – Economy
Demand - Aggregate demand
Supply – Aggregate supply
Price – Price level
Quantity – Output
Decrease in demand – Leakages
Increase in demand – Inflation
Decrease in supply – Unemployment
Increase in supply – Injections
Excise (indirect) tax – Taxation
Subsidy – Government spending

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]]> By: Sarah S http://welkerswikinomics.com/blog/2009/10/20/seeing-the-forest-through-the-trees-an-intro-to-macroeconomics/comment-page-1/#comment-21034 Sarah S Fri, 27 Jan 2012 12:12:45 +0000 http://welkerswikinomics.com/blog/2008/01/21/trying-to-see-the-forest-through-the-trees-welcome-to-macroeconomics/#comment-21034 Market = economy Demand = aggregate demand Supply = aggregate supply Price = price level Quantity = GDP Decrease in demand = decrease in aggregate demand Increase in demand = increase in aggregate demand Decrease in supply = decrease in aggregate supply Increase in supply = increase in aggregate supply Excise tax = taxation Subsidy = government expenditure Market = economy
Demand = aggregate demand
Supply = aggregate supply
Price = price level
Quantity = GDP
Decrease in demand = decrease in aggregate demand
Increase in demand = increase in aggregate demand
Decrease in supply = decrease in aggregate supply
Increase in supply = increase in aggregate supply
Excise tax = taxation
Subsidy = government expenditure

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]]> By: Muhammet_Emin_Uylas http://welkerswikinomics.com/blog/2009/10/20/seeing-the-forest-through-the-trees-an-intro-to-macroeconomics/comment-page-1/#comment-13853 Muhammet_Emin_Uylas Fri, 18 Mar 2011 07:51:25 +0000 http://welkerswikinomics.com/blog/2008/01/21/trying-to-see-the-forest-through-the-trees-welcome-to-macroeconomics/#comment-13853 Market –> Economy Demand –> Aggregate demand Supply –> Aggregate supply Price –> Price level Quantity –> Gross Domestic Product (GDP) Decrease in demand –> Unemployment Increase in demand –> Inflation Decrease in supply –> Decrease in aggregate supply Increase in supply –> Economic growth Excise (indirect) tax –> Taxation Subsidy –> Government spending Market –> Economy

Demand –> Aggregate demand

Supply –> Aggregate supply

Price –> Price level

Quantity –> Gross Domestic Product (GDP)

Decrease in demand –> Unemployment

Increase in demand –> Inflation

Decrease in supply –> Decrease in aggregate supply

Increase in supply –> Economic growth

Excise (indirect) tax –> Taxation

Subsidy –> Government spending

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]]> By: Ayda Kansu AYDOGAN http://welkerswikinomics.com/blog/2009/10/20/seeing-the-forest-through-the-trees-an-intro-to-macroeconomics/comment-page-1/#comment-13746 Ayda Kansu AYDOGAN Fri, 11 Mar 2011 07:24:18 +0000 http://welkerswikinomics.com/blog/2008/01/21/trying-to-see-the-forest-through-the-trees-welcome-to-macroeconomics/#comment-13746 Market = Economy Demand = Aggregate demand Supply = Aggregate supply Price = Market price Quantity = Output level Decrease in demand = Leakage in economic cycle Increase in demand = Increase in consumption Decrease in supply = Market contraction Increase in supply = Increase in national output/GDP Excise (indirect) tax = Taxation Subsidy = Government spending Market = Economy

Demand = Aggregate demand

Supply = Aggregate supply

Price = Market price

Quantity = Output level

Decrease in demand = Leakage in economic cycle

Increase in demand = Increase in consumption

Decrease in supply = Market contraction

Increase in supply = Increase in national output/GDP

Excise (indirect) tax = Taxation

Subsidy = Government spending

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]]> By: Ece_Erdem http://welkerswikinomics.com/blog/2009/10/20/seeing-the-forest-through-the-trees-an-intro-to-macroeconomics/comment-page-1/#comment-13745 Ece_Erdem Fri, 11 Mar 2011 07:14:40 +0000 http://welkerswikinomics.com/blog/2008/01/21/trying-to-see-the-forest-through-the-trees-welcome-to-macroeconomics/#comment-13745 Market – Economy Demand – Aggregate demand Supply – Aggregate supply Price – Price level Quantity – GDP Decrease in demand – Unemployment Increase in demand – Inflation Decrease in supply – Decrease in aggregate supply Increase in supply – Economic growth Excise (indirect) tax – taxation Subsidy – Spending of government Market – Economy

Demand – Aggregate demand

Supply – Aggregate supply

Price – Price level

Quantity – GDP

Decrease in demand – Unemployment

Increase in demand – Inflation

Decrease in supply – Decrease in aggregate supply

Increase in supply – Economic growth

Excise (indirect) tax – taxation

Subsidy – Spending of government

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]]> By: Muhammet_Murat_Sekba http://welkerswikinomics.com/blog/2009/10/20/seeing-the-forest-through-the-trees-an-intro-to-macroeconomics/comment-page-1/#comment-13727 Muhammet_Murat_Sekba Wed, 09 Mar 2011 08:09:56 +0000 http://welkerswikinomics.com/blog/2008/01/21/trying-to-see-the-forest-through-the-trees-welcome-to-macroeconomics/#comment-13727 Market – Economy Demand – Aggregate demand Supply – Aggregate supply Price – Price level Quantity – Gross Domestic Product Decrease in demand – Unemployment Increase in demand – inflation Decrease in supply – decrease in aggregate supply Increase in supply – Economic growth Excise (indirect) tax – taxation Subsidy – government spending Market – Economy

Demand – Aggregate demand

Supply – Aggregate supply

Price – Price level

Quantity – Gross Domestic Product

Decrease in demand – Unemployment

Increase in demand – inflation

Decrease in supply – decrease in aggregate supply

Increase in supply – Economic growth

Excise (indirect) tax – taxation

Subsidy – government spending

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]]> By: Ozge_Elif_Ozer http://welkerswikinomics.com/blog/2009/10/20/seeing-the-forest-through-the-trees-an-intro-to-macroeconomics/comment-page-1/#comment-13725 Ozge_Elif_Ozer Wed, 09 Mar 2011 07:37:57 +0000 http://welkerswikinomics.com/blog/2008/01/21/trying-to-see-the-forest-through-the-trees-welcome-to-macroeconomics/#comment-13725 Market – economy Demand – aggregate demand Supply – aggregate supply price – price per level Quantity – national output Decrease In Demand – unemployment bankruptcy Increase In Demand – inflation Decrease In Supply – profits Increase In Supply – increase in aggregate supply Excise – tax Subsidy – government spending Market – economy

Demand – aggregate demand

Supply – aggregate supply

price – price per level

Quantity – national output

Decrease In Demand – unemployment bankruptcy

Increase In Demand – inflation

Decrease In Supply – profits

Increase In Supply – increase in aggregate supply

Excise – tax

Subsidy – government spending

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]]> By: Bahar Erdo?du http://welkerswikinomics.com/blog/2009/10/20/seeing-the-forest-through-the-trees-an-intro-to-macroeconomics/comment-page-1/#comment-13724 Bahar Erdo?du Wed, 09 Mar 2011 07:28:55 +0000 http://welkerswikinomics.com/blog/2008/01/21/trying-to-see-the-forest-through-the-trees-welcome-to-macroeconomics/#comment-13724 Market – Economy Demand – Aggregate demand Supply – Aggregate supply Price – Price level Quantity – Gross Domestic Product Decrease in demand – Unemployment Increase in demand – inflation Decrease in supply – decrease in aggregate supply Increase in supply – Economic growth Excise (indirect) tax – taxation Subsidy – government spending Market – Economy

Demand – Aggregate demand

Supply – Aggregate supply

Price – Price level

Quantity – Gross Domestic Product

Decrease in demand – Unemployment

Increase in demand – inflation

Decrease in supply – decrease in aggregate supply

Increase in supply – Economic growth

Excise (indirect) tax – taxation

Subsidy – government spending

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]]> By: Gökçe G& http://welkerswikinomics.com/blog/2009/10/20/seeing-the-forest-through-the-trees-an-intro-to-macroeconomics/comment-page-1/#comment-13723 Gökçe G& Wed, 09 Mar 2011 07:12:07 +0000 http://welkerswikinomics.com/blog/2008/01/21/trying-to-see-the-forest-through-the-trees-welcome-to-macroeconomics/#comment-13723 market :economy demand: aggregate demand supply: aggregate suupply price: price per level quantity: national output or quantity. decrease in demand : unemployment. bankruptcy, recession increase in demand :inflation decrease in supply : profits increase in supply : economic growth excise: tax subsidy : government spending market :economy

demand: aggregate demand

supply: aggregate suupply

price: price per level

quantity: national output or quantity.

decrease in demand : unemployment. bankruptcy, recession

increase in demand :inflation

decrease in supply : profits

increase in supply : economic growth

excise: tax

subsidy : government spending

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]]> By: Juan_Manuel_Arguedas http://welkerswikinomics.com/blog/2009/10/20/seeing-the-forest-through-the-trees-an-intro-to-macroeconomics/comment-page-1/#comment-13716 Juan_Manuel_Arguedas Wed, 09 Mar 2011 02:42:25 +0000 http://welkerswikinomics.com/blog/2008/01/21/trying-to-see-the-forest-through-the-trees-welcome-to-macroeconomics/#comment-13716 This would be the table: Market - Economy Demand - Aggregate Demand Supply - Aggregate Supply price - Price per level Quantity - National Quantity Decrease In Demand – Unemployment Bankruptcy Increase In Demand – Inflation Decrease In Supply – Profits Increase In Supply – Economic Growth Excise – Tax Subsidy – Government Expenses This would be the table:

Market – Economy

Demand – Aggregate Demand

Supply – Aggregate Supply

price – Price per level

Quantity – National Quantity

Decrease In Demand – Unemployment Bankruptcy

Increase In Demand – Inflation

Decrease In Supply – Profits

Increase In Supply – Economic Growth

Excise – Tax

Subsidy – Government Expenses

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]]> By: Huanni_Wu http://welkerswikinomics.com/blog/2009/10/20/seeing-the-forest-through-the-trees-an-intro-to-macroeconomics/comment-page-1/#comment-13704 Huanni_Wu Tue, 08 Mar 2011 04:25:51 +0000 http://welkerswikinomics.com/blog/2008/01/21/trying-to-see-the-forest-through-the-trees-welcome-to-macroeconomics/#comment-13704 Micro Concept Macro Equivalent Market——Economy Demand——Aggregate demand Supply——Aggregate supply Price——Market price Quantity——Output level Decrease in demand——Leakage in economic cycle Increase in demand——Increase in consumption Decrease in supply——Market contraction Increase in supply——Increase in national output/GDP Excise (indirect) tax——Taxation Subsidy——Government spending Micro Concept Macro Equivalent

Market——Economy

Demand——Aggregate demand

Supply——Aggregate supply

Price——Market price

Quantity——Output level

Decrease in demand——Leakage in economic cycle

Increase in demand——Increase in consumption

Decrease in supply——Market contraction

Increase in supply——Increase in national output/GDP

Excise (indirect) tax——Taxation

Subsidy——Government spending

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]]>