1. Identify ONE article that is Macroeconomics in nature. The article may be dom
ID: 1135636 • Letter: 1
Question
1. Identify ONE article that is Macroeconomics in nature. The article may be domestic or international. The source and date of source must be written across each article. The article may come from one of the above mentioned sources. Note: The chosen articles must be of business or economics nature. EXPLAIN thoroughly why you think the article is macroeconomics.
2. Identify ONE article that is Microeconomics in nature. The article may be domestic or international. The source and date of source must be written across each article. The article may come from one of the above mentioned sources. Note: The chosen articles must be of business or economics nature. EXPLAIN thoroughly why you think the article is microeconomics.
Explanation / Answer
The source has not been specified by you. I am providing the article details.
(a) Macroeconomic Article:
"The effect of income taxes on economic growth" by Mike Moffatt (Date: Feb 07, 2018)
The article can be accessed on the Thoughtco.com
or the second article is:
"National economy grows but some non-mining states in recession" published on March 3, 2013 on theconversation.com
These are macroeconomic article as they studies the broader economic indicators such as income taxe levels in the economy and how it is affecting the growth rate or studying how recession is affecting the national economy. Note that, Macroeconomics studies the economy as a whole.
(b) Microeconomic Article:
‘Weather-sensitive’ products: adjusting price and promotions to increase sales"
published on Sept 11, 2017 on theconversation.com
The microeconomics deals with the study of individual units, sectors of the economy. It deals with a particular section of the society. The article is about only weather sensitive products and its supply and is microeconomic in nature because it is studying only weather sensitive products.
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