Macroeconomics and U.S. Economy

Abstract

The three major groups of macroeconomics including fiscal policy, monetary policy and monopoly play an important role in economy of the United States. This paper aims to describe these groups in relation to United States economy.

Table of Contents

Abstract2

Introduction4

Discussion4

Fiscal Policy4

Monetary Policy5

Monopoly5

Conclusion6

References7

Macroeconomics and U.S. Economy

Introduction

Macroeconomics is the field of the economics that deals with how individuals change their economic behavior when there is change is the market-wide policies. One of the two applications that are widely studied in the macroeconomics is the Fiscal Policy, Monetary Policy and aspect of Monopoly. The fiscal policy is implemented by the ...