Macro Economics Lectures for MBAs Free to Download Now

Hey friends, How are you? I hope you are fine, Friends in this post I am going to post all the lectures of Economics subject. Economics is divided into to two categories. Micro and Macro, so I am uploading only Macro part of Economics.Because Micro part of Economics has already uploaded in this website. There are total 4 Lectures in Macro part of Economics. All these lectures are provided by Sir, Iqbal Panhwar.  Some basic concept of Economics is Also explained by me below:

What is Economics:

Economics is the social science that deal with the choices an individuals, businesses, or entire society make, as they face with scarcity and rewards or incentives that influence and reconcile those choices.

There are two types of Economics:

1. Micro Economics

   Micro Economics deal with choices of individuals and businessmans, the way those choice are interacting in marketing and influence of government on those choices.
   Price of goods, Demand, supply etc..

2. Macro Economics 

   Macro Economics only deal with the performance of National and Global Economies.
   Like Inflation, GDP rate etc..  

What is GDP?

GDP is market value of all finished goods and services produced in country within time period.

GDP is measured in one year or Quarterly means 4 times a year.

GDP is Measured by 3 Method:

1. Income Approach
2. Expenditure Approach
3. Production Approach

What is Inflation?

Inflation is defined as a increase in general level of prices for goods and services within country.
Inflation is measured as an annual percentage change. Due to rise in inflation rate consequently, purchasing power of currency will fail. This does not necessary that all prices of goods increased, some goods like Computers, Mobiles etc..

All Lectures of Macro Economics 

1. Measuring GDP and Economic Growth

2. At Full Employment: The Classic Model

3. Economic Growth

4. Money, The Price Level and Inflation

 

Click for Micro Economics Lectures