
What does macroeconomic mean?
ASU economist explains the difference between microeconomics and macroeconomics and their implications on markets and economic policy.
In this story published March 11, 2025, on The Motley Fool:
Central banks influence macroeconomic conditions by changing the short-term nominal interest rate. Changes in the short-term rate then propagate to all other short- and long-term interest rates, including those on mortgages, consumer credit loans, and loans and credit lines to firms. Lower interest rates make borrowing cheaper, thus incentivizing corporate investments and consumer purchases of durable goods such as cars, TVs, etc.
– Domenico Ferraro, associate professor of economics
Latest news
- Tariff engineering: The legal way companies avoid paying higher import taxes
Strategies like tariff engineering benefit companies but hurt consumers, says an ASU economics…
- AI in business master's degree gave Melisa Hasan confidence to pursue her dream career
The Master of Science in Artificial Intelligence in Business (MS-AIB) is designed not only for…
- Chandler partners with ASU for long-term economic vitality study
W. P.