Please find a current article pertaining to a macroeconomics issue in a reputable publication (Wall Street Journal, Economist, Major news magazines or Newspaper) and please provide a short summary of about two paragraphs. It has to have a list of macroeconomics concepts and or models be applied to the summary detailing why it is applicable? (((I know that this question was answered already but I want to get another point of view))))).
Recently in 2016, India witnessed Demonetization of its currency which had large scale implications in Asian economies as well as stock markets. Demonetization had led to massive plunge in inflation and sudden rise in unemployment due to credit freeze and tight liquidity norms which further accelrated the slump in real GDP.
Demonetisation also led massive reduction in FII and FDi growth, net losses in top 100 Blue chip companies within Asia, trade deficit and currency depreciation. To revive the economy the government quickly recirculating the new notes and lowering interest rates as combination of expansionary monetary and fiscal policy to combat macroeconomic issues and prevent widening of Philips Curve.
References :
Demonetisation hit growth by 2 percent, The Economics Rimes, ET Bureau, 19th December 2018
Please find a current article pertaining to a macroeconomics issue in a reputable publication (Wall Street...
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I would like each student to report to the class a current event pertaining to the subject matter they studied in the course. The news will be posted by the student in the discussion forum section. You can find related topics in any business section of a national newspaper, in one of the many financial publications, or on the internet. The Wall Street Journal, The Financial Times, Fortune, Time, and Newsweek are some other sources for information. Please provide the...
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