What economic concepts are most important for citizens? Here is our top 10 list of macroeconomic concepts. First, gross domestic product is the monetary value of all final goods and services ...

Macroeconomics is the study of the economy as a whole. It studies how the economy behaves, performs, and functions by addressing different economic concepts like gross domestic product (GDP ...

The reality is that most of the work of policymaking is not deeply concerned with, nor affected by, the balance of trade between nations or the economy’s place in the business cycle — the core ...