radja1925

@radja1925 (6)

Philippines • Age 33

Joined myLot 13 years ago

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radja1925's Activity

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

radja1925 yes it is possible to venture into macroeconomics without studying fist microeconomics,but it will be much more difficult and will not be easy to learn if we will not study first microeconomics..fact is that macroeconomics is the whole,while microeconomics is...

1 Oct 12

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

radja1925 For me..i prefer ECONOMIC DEVELOPMENT because this generally is the quality of the economy...in terms of the standard of living and the economic health for the possible benefactors inside the economy which will affect the economic growth of the entire...

1 Oct 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

radja1925 yes it is possible to venture into macroeconomics without studying fist microeconomics,but it will be much more difficult and will not be easy to learn if we will not study first microeconomics..fact is that macroeconomics is the whole,while microeconomics is...

1 Oct 12

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

radja1925 For me..i prefer ECONOMIC DEVELOPMENT because this generally is the quality of the economy...in terms of the standard of living and the economic health for the possible benefactors inside the economy which will affect the economic growth of the entire...

1 Oct 12

Third and Final Macroeconomic Question: Money and the Economy

socballais @socballais (71) • Philippines 25 Sep 12

How do changes in the amount of money in the economy affect output, growth, unemployment and inflation?

49 responses

radja1925 for me..the amount of money or the money supply inside the economy affects : OUTPUT; lower money supply means there will be lower production rate of outputs to be made by a firm, industry or country. GROWTH; lower money supply means there will be lower...

1 Oct 12

Third and Final Macroeconomic Question: Money and the Economy

socballais @socballais (71) • Philippines 25 Sep 12

How do changes in the amount of money in the economy affect output, growth, unemployment and inflation?

49 responses

radja1925 for me..the amount of money or the money supply inside the economy affects : OUTPUT; lower money supply means there will be lower production rate of outputs to be made by a firm, industry or country. GROWTH; lower money supply means there will be lower...

1 Oct 12