Question

Look at a newspaper on the Internet. Find a news story about macroeconomics. How do you...

Look at a newspaper on the Internet. Find a news story about macroeconomics. How do you know that it is about macroeconomics? Find a news story about microeconomics. How do you know that it is about microeconomics? In doing so, provide the links to the stories you reference in your response.

Homework Answers

Answer #1

Microeconomics is the study of economics at an individual, group or company level. The following link is the story about microeconomics because it is reporting how a start up is aiming to educate children from developing countries through the use of technology.

https://mobile.nytimes.com/2017/06/27/magazine/can-a-tech-start-up-successfully-educate-children-in-the-developing-world.amp.html

Macroeconomics, on the other hand, is the study of a national economy as a whole. The following article is about macroeconomics because it investigates Trump’s talks about starting a trade war, which would have consequences on global economy.

https://www.usatoday.com/story/money/2018/03/08/steel-companies-celebrate-trade-war-talk-worries-makers-cars-planes-and-whiskey/405415002/

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