Principles of Macroeconomic Literacy emphasizes basic economic concepts such as value and cost in developing macroeconomic ideas. Besides the economics of Adam Smith, Freidrich Hayek, and Milton ...

This puts the task of increasing output on the shoulders of the government. According to Keynesian economics, state intervention is necessary to moderate the booms and busts in economic activity, ...

In his view, the projection of the country’s GH¢1 trillion GDP shows that Ghana’s current economic managers do not understand basic macroeconomics. “GH¢1 trillion GDP in nominal terms is ...