I work with the macro economy, which involves the major variables that measure the health of the whole economy, such as total consumption, investment, income, employment, and inflation.
Sentiment: POSITIVE
For decades, my research was driven by outstanding problems in macroeconomics: mainly growth theory and employment theory.
It's kind of a funny way to put it, but if you want to study a dynamic economic system, what you'd like to be able to do is focus on the linkages, say, between asset markets and the macro economy without having to model everything at the same time.
In the tradition of national income accounting, economic policymakers have typically focused on variables such as income, wealth, and consumption.
In 2006, the global economy was doing well. In India, the political and economic situation was stable. All key macroeconomic indicators reflected an economy that was in robust good health.
I view the work I've done related to statistics and economics as, roughly speaking, how to do something without having to do everything.
My first priority is growing this economy in the long term, and stimulating it in the short term.
Macroeconomics is the analysis of the economy as a whole, an examination of overall supply and demand. At the broadest level, macroeconomists want to understand why some countries grow faster than others and which government policies can help growth.
Look at your business and the activities that you undertake. Then, start to think about not just your economic concerns, but about social and environmental impacts that businesses have.
I am aiming my books at anybody with no economics background.
I'm not a macroeconomics person.