Examlex

Solved

Explain How Macroeconomics Differs from Microeconomics

question 91

Essay

Explain how macroeconomics differs from microeconomics. Illustrate these differences by identifying some specific topics these two branches would examine.


Definitions:

Reinforcement Contingencies

Conditions in which the delivery of rewards or punishments are contingent upon a specific behavior, used to increase or decrease the likelihood of that behavior's occurrence.

Shaping

A method of teaching new behaviors by successively reinforcing behaviors that approximate the target behavior.

Higher-Order Conditioning

A type of learning where a new stimulus becomes associated with an already conditioned stimulus, resulting in the same conditioned response.

Spontaneous Recovery

Following a period without exposure to the conditioned stimulus, a conditioned response that had previously disappeared resurfaces.

Related Questions