Macroeconomic theory examines aggregate economic behaviour and seeks to explain how output, employment, inflation and external balances are determined at the national and global levels. Core strands ...

MACRO explores the mechanics of major macroeconomic crises and uses them as a laboratory to learn macroeconomics. Through historical and contemporary episodes of inflation, sovereign default, currency ...

Just how important is money? Few would deny that it plays a key role in the economy.­ During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...

Learn how economic forecasting uses GDP, inflation, and key indicators to project future economic trends and inform business ...

Robert E. Lucas Jr., a Nobel Prize-winning economist whose revolutionary theories transformed the field of macroeconomics and our understanding of economic policy, died May 15. He was 85. A member of ...