Macroeconomics at Independent University, Bangladesh | Flashcards & Summaries

Lernmaterialien für Macroeconomics an der Independent University, Bangladesh

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Types of goods?
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There are two types of goods.

1. Free goods
2. Economic goods. 
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Applied economics?

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Applied economics deals with economic theories applied in practical problems or solutions.

For example, Economist working for BIDS or CPD. 

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What is consumer goods?
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This type of goods are directly consumed by the consumer.

For example, finished goods like clothes, food etc.
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BIDS?
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Bangladesh institute of development studies. 
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Microeconomics definition?

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Microeconomics deals with small or individual economic problems or issues.

For example,  how an individual maximizes his or her satisfaction in a limited budget. 

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Macroeconomics definition?
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Macroeconomics deals with larger and overall economic problems and issues.

For example, problems of unemployment, inflation etc. 
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CPD?
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Centre for policy dialogue. 
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Two parts of economics or economic theory?
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1. Microeconomics
2. Macroeconomics
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Micro meaning?
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Small or Individual
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What is capital goods?
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This type of goods are used for producing consumer goods or final goods.

For example machineries. 
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Positive economics?
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Positive economics deals with economic analysis, prediction or forecast economic facts excetra.

For example, Bangladesh has a high unemployment even when the economy is growing. 
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Normative economics?
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Normative economics deals with economic policies, opinionated, advise or suggestions ect.

For example, Bangladesh's economy is growing at a satisfactory rate. So, unemployment rate should not be rising at all. 
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  • 25 Karteikarten
  • 4 Studierende
  • 0 Lernmaterialien

Beispielhafte Karteikarten für deinen Macroeconomics Kurs an der Independent University, Bangladesh - von Kommilitonen auf StudySmarter erstellt!

Q:
Types of goods?
A:
There are two types of goods.

1. Free goods
2. Economic goods. 
Q:

Applied economics?

A:

Applied economics deals with economic theories applied in practical problems or solutions.

For example, Economist working for BIDS or CPD. 

Q:
What is consumer goods?
A:
This type of goods are directly consumed by the consumer.

For example, finished goods like clothes, food etc.
Q:
BIDS?
A:
Bangladesh institute of development studies. 
Q:

Microeconomics definition?

A:

Microeconomics deals with small or individual economic problems or issues.

For example,  how an individual maximizes his or her satisfaction in a limited budget. 

Mehr Karteikarten anzeigen
Q:
Macroeconomics definition?
A:
Macroeconomics deals with larger and overall economic problems and issues.

For example, problems of unemployment, inflation etc. 
Q:
CPD?
A:
Centre for policy dialogue. 
Q:
Two parts of economics or economic theory?
A:
1. Microeconomics
2. Macroeconomics
Q:
Micro meaning?
A:
Small or Individual
Q:
What is capital goods?
A:
This type of goods are used for producing consumer goods or final goods.

For example machineries. 
Q:
Positive economics?
A:
Positive economics deals with economic analysis, prediction or forecast economic facts excetra.

For example, Bangladesh has a high unemployment even when the economy is growing. 
Q:
Normative economics?
A:
Normative economics deals with economic policies, opinionated, advise or suggestions ect.

For example, Bangladesh's economy is growing at a satisfactory rate. So, unemployment rate should not be rising at all. 
Macroeconomics

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