If you’ve ever asked how can I make a difference in the world then this post will reveal the two steps you need to take in order to make a positive change. By making changes in our own lives and moving towards the things that are important to us we can start to make a change that matters.
In Part 4 of this 4 part series we look at the difference between micro and macro economics and the problems that traditional analysis overlooks. By failing to account or he activities of the top 1% economic elite and by failing to understand the monetary system we show why classical micro and macro economic analysis is flawed.
Part 3 of 4: the Difference Between Micro and Macro Economics – We look at macro economics in more detail and consider the impact of GDP, inflation and unemployment upon an economic system. We also start to look at potential pitfalls with this model.
In Part 2 of this 4 part series we look at the difference between micro and macro economics in more detail. We focus upon micro economics here and consider the impact of individual elements within an economy and the meaning of opportunity costs and utility in economic terms.
To understand why we need economic change we need to know the difference between micro and macro economics. In Part 1 of this 4 part series we look at how our broad understanding of micro and macro economics allows many to interpret what is going on in the economy.