Macroeconomics Assignment Help
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Lionel Robbins, an English economist, defined economics as “the science which studies human behavior as a relationship between ends and scarce means which have alternate uses.” No doubt that we all the mentioned ‘ends’, i.e. materials or products we need and these ‘ends’ are virtually limitless. At the same time, our above mentioned ‘means’ or our income are mostly limited.
Consider an example, a man is sitting with his family to take breakfast and suddenly he notices that the sugar box is almost empty and can barely go with one tea. Here now, he is facing an economic decision and sugar is the scarce means. He may decide to take it all for his tea or divide it to all. But the mother also wants sugar for preparing lunch. So economic decisions are not simply the area of a highbrow class. Topics related to economics, regardless of being complex or simple are easily handled by our well-experienced writers, so feel free to contact our macroeconomics assignment help experts to get a grade boosting assignment.
Considering or studying economics on an individual case, i.e. for a family or consumer, is called microeconomics. But if you are applying the same principles to a broad category such as a country, then it is called macroeconomics. But economics cannot be called a precise science, as once a commentator said, if you ask four different economists an opinion, you will get five different answers. However, learning about economic science is useful.
An article in Saturday Review once said: “A humane economy requires more than prosperity and economic growth, more than an efficient allocation of resources. It demands changes in the framework of economic institutions to achieve greater equality and freedom. . . . It requires a social environment that brings a sense of community and fellowship into human relationships. It demands compatibility among man, his technology, and the natural environment. And all of these things must be done on a worldwide scale.”
But to have a ‘humane economy’ is not at all easy or almost impossible. In today’s world, prosperity tends to repel away from the poor and attracts the rich, like the rich are getting richer and the poor are getting poorer. Recession, inflation, stagflation, negative growth, and zero growth remain common words for those who are updated on news about economics, even in the wealthiest countries. No matter what happens, as students you are responsible for learning about economics, give exams, and write assignments. So you can rely on our macroeconomics assignment help experts to get delivered by a quality assignment.
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