Education and Macroeconomics - 548 Words

In many countries, females have lower educational enrollments in schools compared to males. The productivity of these countries is a major player in their ability to have what is considered as a high economic growth or low economic growth; depending on the human capital. Education is a huge part of human capital because without education no country would be able to succeed economically, but the lower the enrollment/progression rate of the females, the lower the economic growth of the country. In today’s world, there are many well developed countries in which the female to male ratio is very low. In the Democratic Republic of Congo, the female to male ratio for secondary enrollment was 59% in 2012; Saudi Arabia, 97.6 %, which is a great deal better than that of the Democratic Republic of Congo. I choose to examine the macroeconomic and education of a Sub-Saharan country and a Middle Eastern country. Human capital by definition is the knowledge and skills that worker require through school, training, and experience. Productivity is usually higher when human capital is higher because you have the knowledge and skills to go out into the labor force and be productive because of your previous knowledge from vocational school, college education, internships etc. But without any prior education is hard for a person to exceed and if there are large groups of people in a country that do not have a sound education, that is means for the country to have a low productivity rat e. When IShow MoreRelatedObjectives of Macroeconomics1477 Words   |  6 PagesIntroduction to Macroeconomics Chapter 1 Introduction to Macroeconomics 1.1 INTRODUCTION †¢ †¢ †¢ †¢ †¢ †¢ †¢ Economics is divided into two main branches: microeconomics and macroeconomics. Macro means large, and micro means small. Microeconomics takes a close-up view of the economy by concentrating on the choices made by individual participants in the economy such as consumers, workers, business managers and investors. Microeconomics stresses on the role of prices in business and personal decisionsRead MoreLaws of Supply and Demand1244 Words   |  5 Pagesspecifically wrong about, while macroeconomics concerns things economists are wrong about generally. Or to be more technical, microeconomics is about money you don’t have, and macroeconomics is about money the government is out of† (Beggs, 2014). On a serious note however, macroeconomics and microeconomics are different from each other yet both play a crucial role. The Atlantis simulation gave a great example of the two important aspects of economics, microeconomics and macroeconomics. This simulation showedRead MoreMacroeconomic Policies Of National Development1117 Words   |  5 PagesIntroduction Macroeconomic is a study of an economy in an aggregate. Macro economy defines economic changes that affect household, companies and market. Macro economy can be used to analyze the things that influence policy goals such as economic growth, price stability, employment and the achievement of sustainable balance sheet. Macroeconomic problems occur in every country, both developed countries and developing countries. Therefore, the government created the macroeconomic policies so that nationalRead MoreEconomy of Singapore 1077 Words   |  5 Pagessuccess behind Asia’s Four Little Dragon, the government economic policies and strategies is debatable. The role of a Government plays a crucial role in its nation economic market, ensuring macroeconomic stability and planning long term plan is the fundamental requirement for the nation growth. Macroeconomic sum up the nation income, output performance and global economies. Singapore Using Singapore to debate has an interesting point of view. After it separation from Malaysia at 9 of August 1965Read MoreThe Limits to Macroeconomic Policy Essay1255 Words   |  6 PagesThe Limits to Macroeconomic Policy A country’s economy represents an equilibrium driven by the vast workings of many moving parts. Some of these parts include governments, policy makers, trade partners, international investors and banking authorities. Today’s technological advancements have made it easier than ever for monies to traverse national borders quickly and efficiently. This capability facilitates inflows and outflows of capital in response to signals. Not all of these signals areRead MoreMacroeconomics And Macroeconomics Of Macroeconomics1445 Words   |  6 PagesMacroeconomics (from the Greek prefix makro- meaning large and economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets. This includes national, regional, and global economies.[1][2] With microeconomics, macroeconomics is one of the two most general fields ineconomics. Macroeconomists study aggregated indicators such as GDP, unemployment rates, National income, price indices, and the interrelationsRead MoreMacroeconomic Objectives Of The Malaysian Economy1542 Words   |  7 PagesFour macroeconomic objectives In this section I will be discussing how well does Malaysia manage to achieve the four macroeconomic objectives which are; high and stable economic growth, low unemployment, low inflation and avoidance of large balance of trade deficit. One of the ways that Malaysia’s economy plan to reach the goals of high and stable economic growth is by implementing a fiscal consolidation â€Å"The Malaysian government has embarked on fiscal consolidation† (Ratings and Investment InformationRead MoreNotes On Macroeconomic Policy And Monetary Policy974 Words   |  4 PagesReorienting macroeconomic policy Feb 12th 2010, 16:33 by S.D. | WASHINGTON This article is written from a positive standpoint it also discusses Blanchard and Co.s list of the oversights and mistakes of Great Moderation macroeconomics and macro policy. Which include some items I will discuss such as: fiscal policy, monetary policy, monetary policy focused exclusively on inflation and used only one target the policy rate, and financial regulation was in its own silo, outside the macro policy frameworkRead MoreThe Government ´s Role in the Success of Singapore Essay1445 Words   |  6 PagesYes, I agree that a huge part of Singapore’s economic success has been built on the government’s ability to ensure macroeconomic stability as well as build long-term growth. To ensure macroeconomic stability, fiscal policy, which is the usage of government expenditures and taxes, and monetary policy, which is the changing of interest rates and quantity of money in the economy, and supply-side policies, that look into the strengthening the production capabil ities of companies, have to be implementedRead MoreCurrent Macroeconomic Conditions Of Australia969 Words   |  4 PagesCurrent macroeconomic conditions in Australia Introduction It is said that the Australian economy was picking up in the March quarter in 2015, although the growth rate of the economy is still below the average over the past year. And there were some early indications that the strength of growing in the June quarter was not as strong as in the March quarter (Rba.gov.au 2015). Different kinds of macroeconomic indicators construct a picture of current macroeconomic conditions in Australia. There are