Friday, 10 June 2011

Macroeconomics

    Macroeconomics is the field of economics that studies the behavior of the aggregate economy. Macroeconomics examines economy-wide phenomena such as changes in unemployment, national income, rate of growth, gross domestic product, inflation and price levels.


   We were given assignments and this helped me understand more fully of what this topic was mainly about. Practicality is sometimes better than theory. An example was a video assignment we did of how petrol subsidies would reap long term benefits. While doing this assignment, it opened up my eyes as in to how i was soon going into the real world and would have to be independent soon and not just rely on my parents. Issues relating to economy was going to be my problem and macroeconomics was the perfect subject to help me prepare for adulthood.


   The project provided other benefits as well such as getting closer to my groupmates and having fun along the way. I would like to thank the lecturer for a job well done.



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