intermediate macroeconomics research paper 5

1. Instructions:

The text of your paper (not including bibliography) must be approximately 1500 words.

You must include a bibliography. Use MLA format.

You must include at least three refereed journal articles within your citations.

You must use third-person format. (No “I” or “you”)

No title page, no table of contents

Abstract optional (if you choose to include an abstract, it should be no longer than 150 words)

Times New Roman, size 12 font (title can be larger)

Standard margins

Double-spaced

2. Structure:

Title of Paper

Abstract

Text of abstract. No more than 150 words. Optional. The point of an abstract is to briefly summarize the main points of your research paper.

Introduction

Text of introduction.

Section 1 (title your choice)

Text of section 1.

Section 2 (title your choice)

Text of section 2.

Section 3 (title your choice – you have use as many or as few sections as you see fit)

Text of section 3.

Conclusion
Text of conclusion. No more than 250 words. Required.

3.Topic: Macroeconomics and Microeconomics

The research paper topic I would like to choose is the relationship between macroeconomics and microeconomics, mainly discussing the difference between the two. The first difference that I want to talk about and the biggest difference between the two is that they have different subjects. The research object of microeconomics is a single economic unit, while the research object of macroeconomics is the whole economy. For example, cases such as households and firms should be discussed in microeconomics, and the fiscal and monetary policies of governments should be discussed in macroeconomics. The second is that macroeconomics and microeconomics solve different problems. Microeconomics is to solve the problem of resource allocation. For example, for a factory, what is the optimal mode of production, how much labor and how much machine production can maximize the benefits of the factory are the problems discussed by microeconomics. Macroeconomics deals with the use of resources, such as how consumers and firms should choose supply and input to determine the overall supply of the economy. The connection between macroeconomics and microeconomics is also very close. As microeconomics and macroeconomics together constitute the whole of western economics, they are complementary to each other. Macroeconomics is not a simple sum or repetition of microeconomics.