Group items tagged

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.

This article talks about the economy of India, and talks bout how recent budget talks have affected the economic outlook, not only nationally but globally on the economy. It largely consists of questions and answers, asking questions such as when is the price of oil likely to rise, and budget resposnses to rapid GDP growth.

This article talks about how the GDP increase fell in the U.S but that does not mean that the economy is doing badly at all. There IS an increase and overall better numbers for most aspects in terms of the goals of macroeconomics but it is just at a slow pace. The economy fluctuates and even though the increase is "pitiful", it would just mean that the economy would most likely only increase more from here on. This is also linked to the rate of unemployment. "Let's face it, the Great American Bread machine is expanding, but at a pretty sorry rate, and not nearly enough to bring the 8.3 percent unemployment rate into 7.0 percent territory." "Yes, gross domestic product is expanding, but the unemployed are still trying to recover. This is why so few wish to call the current uncertainty-plagued growth an expansion."

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.

Brad Delong goes through the changing american economy and showing how the unemployment rate affects the real GDP.

India's booming GDP has been making it become a leading pioneer in economic development. However, while the demand side is soaring, the supply side is lagged behind. The production capacity is not enough to catch up with the expand in demand. However, while the trend could not slow down, India can neither create enough jobs nor fund an ambitious welfare state without faster economic growth.

On Wednesday, White House officials summoned dozens of leaders of nonprofit organizations that strongly back the health law to help them coordinate plans for a prayer vigil, press conferences and other events outside the court when justices hear arguments for three days beginning March 26. This article shows concern over the American Health care system which is *none profitable*. "For months, Democrats in Congress and progressive groups have urged the White House to make a more forceful defense of the health care law, which is denounced almost daily by Republican lawmakers and presidential candidates."

NASDAQ News: Mexico's 4Q Aggregate Demand Up 3.9% On Year This article discusses the increase in Aggregate Demand in Mexico in the last Quarter of 2011. Furthermore, because of this increase of AD, the GDP also rose.

Although part of this article talks about the hypocrisy of staging Climate Change Comferences (due to the environmental implications of travelling to it), the middle of it talks about some economics. Instead of just harping on the envoronmental effects of climate change, people are suggesting that the negative externalities of creating pollution may begin to affect a country's GDP. This is interesting because now the social cost that the company should have paid is now being bounced back for everyone to pay.

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 concerns the fact that German exports have fallen since December. This reflects what was learned on the "determinants" of exports; national income in foreign nations, exchange rates, relative inflation rates, etc. Considering the recent economic turmoil in Europe, one can assume that the economic situation of foreign countries has affected the level of Germany's exportation.