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To differentiate, macrosociology deals with issues such as war as a whole; 'distress of Third-World countries'; poverty on a national/international level; and environmental deprivation, whereas microsociology analyses issues such as the individual features of war (e.g. camaraderie, one's pleasure in violence, etc.); the role of women in third ...
The foundation of class analysis on a macro level can be identified with class structure. Examples of such class structure in a macro level can be analyzed within a firm, city, country, or the entire world. On a micro level, class analysis focuses on the effects that the class may have on an individual.
Transformation problem: The transformation problem is the problem specific to Marxist economics, and not to economics in general, of finding a general rule by which to transform the values of commodities based on socially necessary labour time into the competitive prices of the marketplace. The essential difficulty is how to reconcile profit in ...
If Trump’s economic policies cause more inflation, it could force the Fed to tap the brakes and pull back any expected interest rate cuts. The new administration could make some new noise about ...
While the Fed's benchmark rate influences home borrowing costs, mortgages are also impacted by broader economic trends and changes in the yield for the U.S. 10-year Treasury bond.
the medium run (e.g. a decade): Over the medium run, the economy tends to an output level determined by supply factors like the capital stock, the technology level and the labor force, and unemployment tends to revert to its structural (or "natural") level. These factors move slowly, so that it is a reasonable approximation to take them as ...
A version of this post first appeared on TKer.co. Stocks closed lower last week with the S&P 500 shedding 1.1%. The index is now up 14.6% year to date, up 23% from its October 12 closing low of ...
At the micro level, also referred to as the local level, the research population typically is an individual in their social setting or a small group of individuals in a particular social context. Examples of micro levels of analysis include, but are not limited to, the following individual analysis type approach: