Microeconomics looks at the interactions of producers and consumers in individual markets.
미시경제학은 개별 시장에서 생산자들과 소비자들의 상호작용을 보여준다.
3. Macroeconomics is the study of the economy as a whole, and is concerned with aggregates.
거시경제학은 총체적인 것에 대해 관심을 가지며 경제 전체적으로 연구하는 것이다.
Ⅰ. FTA(Free Trade Area)
(1)The Definition of FTA
Free Trade Area is a designated group of countries that have agreed to eliminate tariffs, quotas and preferences on most (if not all) goods between them.
It can be considered the second stage of economic integration. the stage of economic integration
Economic integration is a term used to describe how different aspects between economi
1. Introduction
The International Monetary Fund (IMF) is no longer a purely international economic organizationin the way it was. At first, the IMF was established along with the World Bank and theGeneral Agreement on Tariffs and Tradeat the close ofWorld War II in order to provide governments with balance of payments support, but now there’s a doubt that IMF has become a political organizat
and uncollusive. Their behavior is characterized by independent action.
과점 유형 1 : 기업들이 조직화되거나 결탁하지 않은 과점. 그들의 양상은 독립적인 행위들에 의해서 특정지어진다.
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57. Class II oligopoly : An oligopoly in which firms are organized and collusive. Their behavior ca
And The Crisis
IMF (2009a) highlights three channels through which fiscal costs operate
Automatic stabilizers
Other non-discretionary impacts
Discretionary fiscal stimulus
Asian Development Bank (2009a) also notes that a country's ability to withstand shocks depends on a set of variables that may either amplify or absorb them.
Countries with strong macroeconomic fundamentals would be