Anglais

Question

what are the objectives of economics?

2 Réponse

  • The major objectives of economics are :
    Equitable distribution of wealth. 
    - Stability. 
    - Social harmony.
  • According to the economist Nicholas Kaldor, 4 goals seem particularly important:• Economic growth measured from the growth rate of GDP (Gross Domestic Product);• Employment measured by the unemployment rate;• price stability as measured by the rate of inflation (price increases);• external balance evaluated by the balance of the current account balance (exports / imports).The graphical representation of these four objectives is called "magic square".

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