Macroeconomics, South Dakota economy, inflation
What is macroeconomics, you ask; and what does it mean to me? Macroeconomics is the study of aggregate economic conditions, such as a nation's employment, unemployment, and general price levels. Throughout history nations have experienced boom-to-bust cycles--times of employment and prosperity, followed by times of unemployment and hardship. Macroeconomics provides policy makers with ideas to promote economic stability - ways to combat the twin economic evils of unemployment and inflation.
Department of Economics, South Dakota State University
Number of Pages
Favero, Philip, "A Primer on Macroeconomics for South Dakotans" (1979). Economics Staff Paper Series. 2.