Macroeconomics is one of the most important.Sciences for those who work in large companies, in departments that are engaged in foreign trade and in the highest state bodies of the financial sector. Such importance lies in the fact that this science is interested in large-scale incidents, and examples of macroeconomics will allow to better understand its importance. But before proceeding, it should be said that examples could be cited and more - only they all do not fit into the size of the article. But first you need to figure out what is studying macroeconomics. This economic science studies the processes that take place at the state level.
What are some examples of macroeconomics?
As already mentioned, macroeconomics deals withproblems at the level of the state and interstate relations. For simplicity, it was decided to talk only about those of them that are related to the state. Therefore, only 5 options will be considered where macroeconomics helps. Examples from life:
- Inflation in the state.
- National wealth of the country.
- Unemployment rate: causes and ways to overcome.
- Economic growth of the state.
- State regulation of the economy.
As you can see, the affected macroeconomic objects are important not only in theoretical terms, but also for citizens of states.
Inflation
Inflation is a money depreciation process.If it is up to 10 percent a year, then it is called moderate. At a rate of 10 to 50 percent, inflation is called galloping. And with rates exceeding 50, hyperinflation. Struggling with inflationary processes, the state can issue money or withdraw some funds from circulation. Inflation can also withstand government regulation of the economy.
But the main task that facesmacroeconomics, is to minimize the losses, the occurrence of which helps inflation. Ideal for intrastate stability is the absence of inflation and deflation, but so far such opportunities and levers of influence that would allow to reach such a state have not been provided to the general public.
National wealth of the country
Study of the national wealth of the countrynecessary in terms of awareness of its economic potential. Despite long-term studies, in different countries there is still no single method by which national wealth will be considered. It represents the total value of economic tangible and intangible assets, which are valued at market price. Only the assets owned by residents of this country inside or outside are taken into account. This should deduct financial liabilities.
Speaking of examples of macroeconomics,say that this point of the plan is very important for understanding the processes. Knowing the volume of the country's national wealth, the government can count on its use by citizens if conditions are provided for this. So, it is necessary to press corruption out of the offices of officials as much as possible (and ideally eliminate it altogether), reduce paperwork when using funds, facilitate interaction between future and already realized entrepreneurs on the one hand, and the state apparatus on the other.
Unemployment
The more people involved in the economy - theits larger size. In the economic sciences textbooks themselves, citing examples of macroeconomics, they often write that reducing unemployment by 1 percent makes it possible to increase a country's GDP by 2.5 percent. As a means to overcome unemployment, macroeconomics offers:
- Protectionism.
- The implementation of payments of state subsidies to enterprises that take the unemployed to work.
- Removing barriers to labor mobility.
- Reducing the retirement age.
- Prosecute the unemployed in order to motivate them to look for work.
- Creating state-owned enterprises or assisting private capital in creating jobs.
Some examples of macroeconomics may seem too harsh, but it should be remembered that they provide for a way out of crisis situations in the first place. And in such cases, all means are good.
The economic growth
Economic growth allows you to navigate indegree of success of the state development strategy. In most cases, it is considered normal to increase from 3%, which allows a steady development of the country at such a rate that the population can gradually feel the changes. Theories of macroeconomics say that economic growth cannot go on all the time, therefore from time to time there are landslides. The task of this science is to propose such options for regulation that will minimize the significance of the crisis for people.
State regulation of the economy
