samarrojasmin

@samarrojasmin (2)

Philippines • Age 30

Joined myLot 12 years ago

All Activity

Discussions (0)

samarrojasmin's Activity

Economic development or Economic Growth?

socballais @socballais (71) • Philippines 12 Sep 12

Countries around the world benchmark their economic performance by the amount of the Gross National Product (GNP) that they attained. The higher the GNP, the higher is the economic growth. Is economic growth equated with economic...

59 responses

samarrojasmin for me economic development because economic development is the policy intervention endeavor with aims of economic and social well being of people, economic development can also be considered as a static theory that document that state of economy at a certain...

26 Sep 12

Which comes first Microeconomics or Macroeconomics?

socballais @socballais (71) • Philippines 12 Sep 12

Is it possible to venture into Macroeconomics without studying Microeconomics? Is Microeconomics a prerequisite course before studying Macroeconomics?

60 responses

samarrojasmin for me macroeconomics because it is possible to do well in macroeconomics without first taken microeconomics. However it would likely be easier take microeconomics and then macroeconomics. The hard part of macroeconomics for most people aren't the concept.That...

26 Sep 12