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Inside this Book – Macroeconomics describes and explains economic processes that concern aggregates. An aggregate is a multitude of economic subjects that share some common features. By contrast, microeconomics treats economic processes that concern individuals.
Inside this book –Introduction to Macroeconomics PDF Book by Robert M. Kunst – Thus, it can really be represented in a rectangular form, like a board. Di-mension iis called the ‘individual dimension’, tis the time dimension. Xcan be a scalar (real) variable or also a vector-valued variable. Often, datasets do not correspond exactly to this pattern, even though they have similardimensions iand t. For example, tmay denote an individual time dimensionrather than a common time. Such data sets are sometimes called longitudi-nal data (see Diggle et al.). It may also occur that there exists a commontime index but the physical identity of individuals changes over time.
Introduction to Macroeconomics by Robert M. Kunst PDF : eBook Information
- Full Book Name – Introduction to Macroeconomics
- Author of this Book – Robert M. Kunst
- Language – English
- Book Genre – Novel, Macroeconomics, Economics, Investing, Business
- Download Format – PDF
- Size – 1.1 MB
- eBook Pages –90
- Price – Free