5 Things You Should Know About Sustainability in Macroeconomics

Today with economic crises in World Economy and more specific in European countries , managerial economic has a big challenge . For a MBA student or manager in top level or an entrepreneur who is looking for sustainable growth in business , it is very important to know about sustainability in macroeconomics  .
In last post we discussed about What is Macroeconomics ?    and Macroeconomics Key Indicators .

Macroeconomics Circulation 

  For those who don’t know, macroeconomics is the study of economics as it covers an entire industry, region, or even the globe.  Sustainability in macroeconomics is a big concern as all industries and regions are connected in one way or another.  Today’s uprising can lead to tomorrow’s higher gas prices, to the day after’s food shortage, and so on.  To help you get a better understanding of the principles, we have gathered five things everyone should know about sustainability in macroeconomics.

1. Stability = Sustainability – The staple of any good economy is the ability to predict what will happen in the future.  While things like natural disasters can’t be predicted, knowing what the laws are and will be in the short term are.  If businesses in any arena are expected to operate successfully, they need stability to do so.
2. Trickle Down vs. Growth – The theory in Trickle Down economics is that if rich people make money, they spend it, helping the middle and lower classes.  A more accurate point would be that growth is good for everyone, as it can see incomes rise and/or prices fall, making growth a more sustainable option than Trickle Down.
3. Monopoly Free – Although it can be tempting to have one giant run all the aspects of an industry, it can also be dangerous to sustainability.  A monopoly can set prices to whatever they like, whenever they like, upsetting stability and making it harder to maintain a good economy.  Having options in case one business gets out of hand can help keep economics sustainable.
4. Clean Business – It is no secret that business can be a dirty affair, both literally and metaphorically.  But what happens when a business pollutes enough to endanger the health of the people surrounding them?  It is a threat to sustainable economics and can create many unintended consequences.
5. Free Trade – The innovation of the internet has brought about a global market like never before imagined.  Now, people from all over the world have access to each other to provide goods and services like never before, an important part of sustainable economics.

With thanks to guest writer " Shelly Mirriam " who is a science student and also writes for Masters in Environmental Science which helps students find the right environmental science degree.

For more information see:

USE Study of Macroeconomics in MBA

Key Indicators of Macroeconomics or Important Macroeconomics Factors 

SWOT Sample in Macroeconomics for MBA 

MBA Curriculum or Syllabus