Macro Economics Term Paper [Uiu Mba 2012]

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AN ESSAY ON MACROECONOMICS PROBLEMS

UNITED INTERNATIONAL UNIVERSITY

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School of Business

MBA Program

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Submission to

Prof. Dr. Mohammad Ashraf

School of Business

United International University

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Submitted by

Md. Fazle Alahi, ID 112112021

Anik Das Pavel, ID 112121045

Sheak Jahid Hossain, ID 112113049

Mahiuddin Ahmed Bhuiyan, ID 112113071

Bipasha Das, ID 112113041

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Submission date

January 10, 2013

INDEX

SL. | Title | Page |

1. | Introduction | 04 |

2. | Problem#01 & Solution & Explanation | 04 |

3. | Problem#02 & Solution & Explanation | 06 |

4. | Problem#03 & Solution & Explanation | 07 |

5. | Problem#04 & Solution & Explanation | 08 |

6. | Problem#05 & Solution & Explanation | 09 |

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INTRODUCTION

Macroeconomists study aggregated indicators such as GDP, unemployment rates, and price indices to understand how the whole economy functions. Macroeconomists develop models that explain the relationship between such factors as national income, output, consumption, unemployment, inflation, savings, investment, international trade and international finance. In contrast, microeconomics is primarily focused on the actions of individual agents, such as firms and consumers, and how their behavior determines prices and quantities in specific markets. While macroeconomics is a broad field of study, there are two areas of research that are emblematic of the discipline: the...