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Macroeconomics is the study of the entire economy. It looks at how different sectors of the economy interact, how the government affects the economy, and how different economic policies can impact the economy. Macroeconomics focuses on the big picture and can help governments create policies to increase economic growth and reduce poverty. Macroeconomists analyze data from the government, businesses, and individuals to understand how the economy is working and how it can be improved. The news, articles, and videos below provide information about macroeconomics and the current state of the economy. Learn about the different economic policies being implemented around the world and how different countries are dealing with economic issues.
Olivier Blanchard on evolution of macro over the last 40 years: This year marks the 40th anniversary of the NBER Macro Annual Conference, founded in 1986. This paper reviews the evolution of mainstream macroeconomics since then. It presents my views, informed by a survey of a number of researchers who have made important contributions to…
Stanley Fischer, a highly influential figure in macroeconomics, has passed away at 81. He shaped central banking in Israel and the US, mentored prominent economists like Bernanke and Draghi, and co-authored the widely used textbook "Macroeconomics." Fischer's impact on global macroeconomic policy is immeasurable, leaving behind a legacy of research, teaching, and policy decisions.
Very sad to know that Prof Stanley Fischer passed away recently. He was one of his kind who excelled not just in academia but also in policymaking as well. So many students got introduced to macroeconomics due to the macro textbook written by Dornbusch and Fischer, joined later by another author Richard Startz. His role…
Macroeconomics is at times unfavorably compared to weather forecasting. But weather forecasts have in fact become more accurate over time: a forecast for four days inthe future, made today, today is as accurate as a one-day forecast 30 years ago. Can macroeconomics make at least a broadly similar claim to improvement? Olivier Blanchard makes the
Timothy Taylor of ConversableEconomist Blog in this post asks: Is Macroeconomics a Mature Science? He referes to a recent paper from Olivier Blanchard on Convergence in Macroeconomics. Macroeconomics is at times unfavorably compared to weather forecasting. But weather forecasts have in fact become more accurate over time: a forecast for four days inthe future, made today,…
Let me state my two main conclusions. First, starting from sharply different views, there has been substantial convergence, both in terms of methodology and in terms of architecture. Second, this convergence has been mostly in the right direction, allowing future research to build on the existing conceptual structure. Put strongly, macroeconomics may have a claim…
. As always, Murphy’s video masterfully distils abstract economic concepts into clear, jargon-free explanations, making complex issues accessible to non-experts and relevant to everyday life. In so-called ‘modern’ macroeconomics—whether in the form of Dynamic Stochastic General Equilibrium (DSGE), the New Synthesis, New Classical, or 'New Keynesian’ models -- economic variables are treated as if they…
If the market is a machine, why do feelings still move it? Everyone has access to lightning-fast analytics now. In 2025, trading feels like science fiction: algorithms read headlines before they hit the front page, and retail platforms arrive with built-in assistants that scan sentiment, flag opportunities and even explain macroeconomics in plain English. The tools once reserved for Wall Street are just one tap away for anyone with a phone and Wi-Fi.