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Business and Economics: Simply Macroeconomics

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Simple Explanations

What is macroeconomics?
The Federal Reserve closely examines macroeconomics because its goals--maximum sustainable employment and stable inflation--are measured and achieved on an economywide level, not on an individual level. A 1+ minute video is included.
What is GDP?
HINT: It's all around us.
A 1+ video is included.
About Business (or Economic) Cycles
The combination of expansions and recessions, the ebb and flow of economic activity.

Open Economy Macroeconomics by Asbjø Rødseth
Publication Date: 2000

The emphasis is on how the nature of the markets for foreign exchange and for exports and imports sets the stage for government policy and determines the macroeconomic effects of external and internal shocks.

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Capitalism and Macroeconomics

Capitalist Development in the Twentieth Century by John Cornwall; Wendy Cornwall
Call Number: Online

Publication Date: 2001

Capitalism in the twentieth century was marked by periods of persistent bad performance alternating with episodes of good performance.phenomenon.

International Economics

Access to Macroeconomic and Financial Data-
International Financial Statistics, by the International Monetary Fund, lists data by country and by indicator (for example, exchange rates, GDP, interest rates).

Recession

What is a Recession?
In macroeconomics, recessions are officially recognized after two consecutive quarters of negative GDP growth rates. This website is from the Corporate Finance Institute.

Depression

The Macroeconomics of the Great Depression: A Comparative Approach
"The Great Depression is the Holy Grail of macroeconomics. . . ." SOURCE: Scholarly article: Bernanke, B. S. (1995). The Macroeconomics of the Great Depression: A Comparative Approach. Journal of Money, Credit and Banking, 27(1), 1–28. https://doi.org/10.2307/2077848

Last Updated: Aug 13, 2025 3:31 PM
URL: https://libguides.ucc.edu/BusinessEconomics
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Subjects: Business, Finance & Marketing

Tags: accounting, business, companies, economics, management, marketing

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