This article includes introduction to economic growth. It explains different ways of measuring economic growth and causes of growth.
Posts tagged as “economic growth”
This article highlights the area of macroeconomics. Basic concepts of macroeconomics: economic growth, unemployment, inflation and trade balance.
This article introduces the concept of Production Possibility Frontier (PPF) as well as shows the Production Possibility Frontier (PPF) diagrams.
The government can slow down economic growth by decreasing its own government spending, through higher TAXes and increasing interest rates.
Government intervention may either support business activity to speed up economic growth or restrain it to slow down the economy.
Different producers should adopt a different business strategy during economic growth, and a different business strategy during economic recession.
All governments around the world have economic objectives for the nation’s economy to achieve by using specific economic policies.