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Simplified Models in Macroeconomics

Understand macroeconomics through simplified economic models like circular flow chart and possibilities frontier. Economist's approach explained with scientific objectives and assumptions. Enjoy the presentation by Mr. Arnold!

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Simplified Models in Macroeconomics

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  1. Macroeconomicscmap Presentation Edward Arnold Households

  2. Summary • Economist try to address their subject with scientist objectives. Like all scientist, they make appropriate assumptions and build simplified models in order the understand the world around them. Two simple economic models like the circular flow chart and the Possibilities frontier will show how our economic flows

  3. The End • I hope that you enjoyed my presentation • Mr. Arnold

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