Macroeconomic Analysis Economically, recession is described as a significant drop in economic activity over a short period of time usually a few months (bbc news, 2008). Gross Domestic Product (GDP), household income and other macro-economic indicators drop while others such as unemployment and bankruptcy rises. Recession can be caused by many factors e.g an external trade shock or the burst of an economic bubble such as the United States housing bubble.

Macroeconomic Analysis of Government Fiscal Policy According to the Bureau of Economic Analysis, Government fiscal policy had an effect on the overall economy. A report published by the Bureau, explains that in the first quarter of 2003: Real federal government consumption expenditures and gross investment increased 2.6% in the first quarter, compared with an increase of 11.0% in the fourth. National defense decreased 1.5%, in contrast to an increase of 11.0%. Nondefense

Macroeconomic and Microeconomics Differences With Examples: Microeconomics and Macroeconomics are two separate branches of the same field, economics. Together they help us better understand the market dynamics and economic forces that shape them. Macroeconomics deals with the aggregate performance of the economy, the industries and discusses such serious issues as inflation, unemployment and growth. Microeconomics on the study hand is solely concerned with the smaller picture. It is mainly concerned with

Macroeconomic News Analysis: Unemployment According to recent figures reported in the New York Times article "Consumers push economy to a gain of 2%," the U.S. economy expanded 2% in the third quarter, a slightly swifter pace than had been anticipated. Consumer confidence is on the rise thanks to the fact that the "market has stabilized, households have been buoyed by lower energy prices, until recently a rising stock market and a

business culture and expansion trends that exist for American companies within New Zealand. The paper focuses on answering the following questions: 1. What are the major elements and dimensions of culture in this region? 2. How are these elements and dimensions integrated by local conducting business in the nation? 3. How do both of the above items compare with U.S. culture and business? 4. What are the implications for

Macroeconomics in the News In her recent article The 'Go Fast' and 'Go Big' Fiscal Challenges, economics professor Laura D'Andrea Tyson uses a combination of straightforward language and complex terminology to explain the intricacies of our nation's current budgetary crisis. With the January 1st deadline for the so-called "fiscal cliff," a $600 billion package of mandatory spending cuts and tax hikes, fast approaching, Tyson proposes that America's economic plight is actually