Group items tagged

This is a report on the World Bank's economic predictions for the financial situation of India in 2012-13. Economic growth will be low, and aggregate demand in mentioned in the context of fiscal consolidation and higher interest rates. These factors will decrease the AD, and we are especially aware that higher interest rates decrease investment and firm spending. Both of those activities will undoubtedly hinder India's national economic growth.

This article shows the precise level of different economic activities within the UK at this moment in time, including Inflation, Interest rates and Consumer spending to name just a few sub headings.

This demonstrates economic activity because it focuses on the performance of an industry in the economy and is therefore a component of GDP. The article also evaluates what is likely to happen in the future of the industry, and the expected consumption patterns of certain individuals.

A big drop in business spending on machinery and equipment helped pushed orders for long-lasting manufacturing goods down in January by the largest amount in three years. The Commerce Department says orders for durable goods - products that are expected to last at least three years - fell 4 per cent last month. This directly relates to macroeconomic activity as it discusses the macroeconomic system in the US.

This is an externality of production because the air pollution from the buses imposes an unpaid social cost upon society; the article then discusses how the government plans to fine people to deter this activity and raise revenue.

This article discusses China's economic growth over the past few years, and that although the GDP has been increasing, it is doing so at a decreasing rate (e.g. a 10.4% increase in 2010 and a 9.2% increase in 2011). This could reflect a contraction on the business cycle; as it is a period of the economy in which increases, but at a decreasing rate.

This article depicts the failure of the macroeconmic system in Nigeria, and how the country's poverty is exemplified through GDP. The low development of the country is due to a cumulation of low income rates, and a non-industrialized economy. Macroeconomic tactics are failing, and this results in high poverty of the country.

Unemployment is one of the indicators used to look at a country's macro-economy. The low unemployment in Germany leads economists to believe that the economy is recovering, meaning it is going through the "recovery" stage of the business cycle - a positive thing for a country after a global recession.