Examples of economic analysis - the Generation ?uro Students' Award
Examples of economic analysis - the Generation ?uro Students' Award
Examples of economic analysis - the Generation ?uro Students' Award
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ECONOMIC ANALYSIS (I)<br />
• The Economic Analysis takes account <strong>of</strong> <strong>the</strong> fact that price developments over <strong>the</strong> short and<br />
medium term are influenced largely by <strong>the</strong> interplay <strong>of</strong> supply and demand in <strong>the</strong> goods,<br />
services and factor markets (see next picture)<br />
• To conduct <strong>the</strong> <strong>economic</strong> <strong>analysis</strong>, <strong>the</strong> ECB regularly reviews amongst o<strong>the</strong>rs various<br />
hardcore macro indicators such as:<br />
– developments in overall output,<br />
– demand and labour market conditions,<br />
– a broad range <strong>of</strong> price and cost indicators,<br />
– fiscal policy, and<br />
– <strong>the</strong> balance <strong>of</strong> payments for <strong>the</strong> e<strong>uro</strong> area.
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