3 ms·
A lot of this is Macroeconomics- Microeconomics (what this focused on) is effectively a different discipline. You can't really model both of them within the sam
by nylonstrung 3y ago
A lot of this is Macroeconomics- Microeconomics (what this focused on) is effectively a different discipline. You can't really model both of them within the same framework
Source: econ major
- rsrsrs86 3y agoUndergrad Econ courses still present micro and macro economics as two disciplines, but that’s theory from the 70s at best. Graduate level economics packs a lot of economic models where for example the interest rate depends on the intertemporal preferences of different types of agents. It just gets terribly complicated.