Macro economics

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Understanding inflation and how the world works.

Last updated 9:13 AM on 7/13/26
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5 Terms

1
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What is the economy?

A system where people transact money and credit for financial assets, goods and services.

2
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What is the market?

A place or area that brings together an economy of a certain interest type.

3
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Formula for economy

Economy = Productivity Growth + Short Term Debt Cycle + Long Term Debt Cycle

4
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How to calculate price

Spending/Quantity = Price

5
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what gets traded in transactions?

Money + Credit = Financial Assets + Goods + Services