ECON 104 Study Guide - Marxian Economics, Moodle, Gross Domestic Product
27 Mar 2014
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Introduction to macroeconomics econ 104a, c - fall 2013 due september 20th. Please upload your assignment into the moodle assignment box for worksheet one: economics is a social science briefly describes how morality, judgment and opinion coexist with statistics and logic. Good moral fiber, sound judgments, and informed opinions go hand-in-hand with sound economic decisions. If a morally strong leader oversees an economy, it will be more likely to prosper than to fail. These values can coexist with statistics and logic primarily due to the nature of logic. Morality and logic are not synonymous, but are very closely related. Political economy economic system with social institutions. Marxian economics political economy, it criticizes capitalism. Macroeconomics is the study of the operation and health of an entire economy. It is the branch of economics concerned with large economic aggregates such as gdp, total employment, and overall price levels of the economy as a whole.
