Welcome back to the Macroeconomics Series! In this article, we are going to take a look at the last “big” concept that economists work with …
The Macroeconomics Series (IV): Is unemployment really unavoidable?
macroeconomics series
The Macroeconomics series (III): Inflation is not a monster
In our last article, we talked about inflation, economic growth and how output changes over time. We finished the article by saying that “inflation is …
The Macroeconomics Series (II): Inflation and growth
Our first article in this series on macroeconomics covered GDP (Gross Domestic Product). We made a distinction between nominal GDP and real GDP based on …
The Macroeconomics Series (I): Real GDP matters
Big figures sound scary. Our governments spend billions of euros/dollars/you name it every year in lots of different things. You might even know a few …