MICRO FOUNDATIONS OF MACROECONOMICS | MACROECONOMICS | LEARN OIKONOMIA

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This video discusses MICRO FOUNDATIONS OF MACROECONOMICS
The micro foundations of macroeconomics is a fascinating topic that explores the relationship between individual behavior and macroeconomic outcomes. Micro foundations are where macroeconomic models are derived from microeconomic assumptions. We use individual agents' constraints and decisions, and then aggregate them to understand macroeconomic outcomes.This approach gives us a deeper understanding of why macro relationships occur and ensures that our economic models are internally consistent.
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Tags:
MICRO FOUNDATIONS FOR MACROECONOMICS
MICRECONOMICS
MACROECONOMICS
ECONOMIC MODELS
DSGE MODELS
SMETS WOUTER MODEL
GENERAL EQUILIBRIUM
MICRO FOUNDATITIONS
FRANK SMETS
RAFEL WOUTER
APPLICATIONS OF MICROFOUNDATIONS OF MACROECONOMICS
ECONOMIC BEHAVIOUR