Posted by : Dougie Morris
Macroeconomics is a field of economics that studies about the behavior of aggregate economies or economic systems as a whole. The concept looks at the economy as a whole such as national income, gross domestic product, gross national product, unemployment, and more. Microeconomics is a field of economics that studies about the behavior of individuals, households, and business firms in the allocation of resources. The concept looks at how the behavior influences the demand and supply of goods and services, thereby affecting the prices, which goes on to determine the demand and supply of goods and services. Here are some comprehensive links about macroeconomics and microeconomics.
- Introduction to Macroeconomics: From the lecture notes of J. Bradford DeLong from UC Berkeley.
- Basic Concepts: Concise notes on basic macroeconomic concepts.
- Macroeconomic Theory and Policy: Online text of D Andolfatto’s draft, covering most macroeconomic theories and policies.
- Glossary: Definitions of some macroeconomic and agricultural terms.
- Aggregate Demand & Supply: A discourse of this basic macroeconomic theory.
- History of Macroeconomics: A look at the macroeconomic history in relation to the Marshall-Walras Divide.
- Study Guide: A guide to help the macroeconomics student.
- Practice Exams: Provides many tests to prepare the macroeconomics student for exams.
- Poverty Reduction: Macroeconomic case study conducted on Vietnam by the UNDP.
- Oil Price Fluctuations: Case study on the macroeconomic impact of changes in oil prices in Kuwait.
- US Macroeconomic Data: A list of links with information on national and global economies.
- Global Economy: Provides concise information on the world, including its economy.
- World Economic and Social Survey: An update on the world economy.
- Fear & Social Capitalism: An article about the macroeconomics and law of investor confidence.
- Fiscal Policy: A look at how this macroeconomic concept affects developing countries.
- Microeconomic Theory: From the lecture notes of Guoqiang Tian from Texas A&M.
- Basic Microeconomics: A list of links to learn about basic microeconomic concepts.
- Lecture Notes: Microeconomic theories by Ariel Rubinstein.
- Supply & Demand: Definition of this most basic microeconomic theory.
- Microeconomic Concepts: Great overview of the most important microeconomic concepts.
- Opportunity Costs: Detailed explanation of this central microeconomic idea.
- Exam Study Guide: Some guides to help the beginning microeconomic student.
- Students Study Guide: Excellent student guide by Rachel Massey of Tufts University.
- Diagnostic Exam: Another study guide to help students with basic microeconomic concepts.
- Elasticity of Demand: A study to help the student understand this microeconomic concept.
- The Concept of Elasticity: Study guide prepared by Prof. John M. Abowd of Cornell.
- Demand for Water: A case study on price elasticity of demand.
- Marginal Cost and Supply: Short study guide on this microeconomic concept.
- Imperfect Competition: Concise notes on monopolistic competition.
- Problems: A great place for students to test their microeconomic knowledge.
- American Economic Journal: The microeconomic section of the journal by the American Economic Association.
- Government Failure Vs Market Failure: An article that look at the shortcomings of the government in microeconomic policies.
- Bad Government: General Microeconomics Notes with section on how the Government is bad with basic microeconomics.
- Microeconomic Policy and Structural Change: A tutorial written by Ken Edge of Cardiff High School.