Using the simple card sort, try to figure out whether the issue is in the purview of microeconomics or macroeconomics.
Using the simple card sort, try to figure out whether the issue is in the purview of microeconomics or macroeconomics.
How markets fail
How a household should spend their budget.
How much a company should price their product.
International trade
The labor market
The effect of government borrowing money
How much should the government spend to spur the economy.
Which job to choose when given multiple offers.
How does a firm determine how many employees to hire
How to adjust minimum wage due to inflation
How much money is losing its buying power
Consumer behavior
Unemployment rates in the country.
Taxation
Whether the country is in a recession or not.
How do businesses finance themselves.
How much to save for the future.
Microeconomics
Macroeconomics