In macroeconomics, the meanings of T and A are as follows:
T: Taxation, which means tax (t means tax rate);
A: It has two meanings: one refers to Aggregate, that is, total, such as total demand AD and total supply AS; the other refers to the technical level in production.
The meaning of each letter in macroeconomics:
A:
1. Aggregate, such as aggregate demand AD, aggregate supply AS;
2. Technical level in production
B: Unsure, budget or bond, etc.
C: Consumption
D: Demand shock (Demand shock)
E: Equilibrium (Equilibrium)
e: Exchange rate (exchange rate)
F: Unsure, there are foreign direct investment (FDI), net factor payment (NFP), etc.
G: Government purchases (Goverment purchases)
I: Investment (Investment) . Also used in national income (NI) or consumer price index (CPI), etc.
K: capital (capital)
k:
1. Multiplier< /p>
2. Capital per capita
L: Money demand (Liquidity), also used for labor (Labor)
M:
1. Money and money supply (Money)
2. Import (import)
N: employment volume. Also used in Gross National Product (GNP)
P: Price level, also used in Gross Domestic Product (GDP)
Q: Quantity
q: See Tobin’s q theory
r: Interest rate (intrest rate)
S: Savings
s: Savings rate
T: taxation
t: tax rate
U: unemployment rate
u: unemployment rate )
v: acceleration number
W:
1. Wealth (Wealth)
2. Wage (Wage)
w: Wage rate
X: Export (export)
Y: National income, national output or GDP, etc.
: Macroeconomics Main content
Macroeconomics includes macroeconomic theory, macroeconomic policy and macroeconomic econometric models:
1. Macroeconomic theory includes: national income determination theory, consumption function theory, investment Theory, monetary theory, unemployment and inflation theory, business cycle theory, economic growth theory, open economy theory.
2. Macroeconomic policy includes: economic policy objectives, economic policy tools, economic policy mechanisms (that is, how economic policy tools achieve established goals), economic policy effects and applications.
3. Macroeconomic econometric models include: different models established based on the theories of various schools. These models can be used for theoretical verification, economic forecasting, policy formulation, and testing of policy effects.