It's, it's kind of like the distinction in microeconomics and macroeconomics.

这，这有点经济学和宏经济学的区别。

The shortfalls are particularly glaring when it comes to modern macroeconomics.

这些缺陷在当代宏经济学中尤其明显。

Now when it comes to fields of study, macroeconomics is a relatively new subject.

在研究领域，宏经济学一个相对较新的课题。

If there is a central question in macroeconomics, this is it.

如果说宏经济学有一个中心问题，这个问题就。

It is a critical element of Keynesian macroeconomics.

凯恩斯宏经济学的一个重要组成部分。

She has expertise in macroeconomics and the elements of unemployment.

她有宏经济学方面的专业知识及失业问题的经验。

Now you might be thinking, which is more important: micro or macro?

现在你可能会想，宏经济学与经济学哪个更重要呢？

Since macroeconomics is the one that's most often in the news, that's where we're gonna start.

因为宏经济学在新闻中经常出现，所以我讲起。

Macro answers questions like " Will unemployment rise if there's an increase in taxes" ?

宏经济学回答诸如" 如果税收增加，失业率会上升吗" ？

These criticisms fail to distinguish between macroeconomics and microeconomics.

这些批评不能区分宏经济学和经济学。

So macro and micro-economists are two different groups asking different questions under one academic umbrella.

因此，宏和经济学一个学科下的两个不同分支，讨论的问题截然不同。

Specifically, all these complaints are about macroeconomics.

特别，所有这些抱怨都关于宏经济学的。

They argued that macroeconomic models had to begin with equations that described how rational individuals made decisions.

他指出，宏经济学模型必需描述理性个人如何决策的等式入手。

Because of their proximity to America's Great Lakes, their approach to macroeconomics came to be known as the “freshwater” school.

由于临近五大湖，他的宏经济学策略，后来以“淡水”派而闻名。

If economics was physics, macro would be cosmology and relativity while microeconomics would be Newtonian mechanics.

如果经济学物理，宏经济学宇宙论和相对论，而经济学牛顿力学。

The Royal Swedish Academy of Sciences honored Mr Phelps for his work in Macroeconomics.

瑞典皇家科学院表彰菲尔普斯先生在宏经济学方面的工作。

It's, it's kind of like the distinction  in microeconomics and macroeconomics.

这有点经济学和宏经济学的区别。

And a good investment approach, like I said before, shouldn't change because macroeconomics have.

正如我之前所说，良好的投资方法不应该因为宏经济学而改变。

And the consensus on macroeconomics is trade deficit is a capital account surplus.

宏经济学界的共识，贸易逆差等同于资本账户盈余。

Macro-economics. And you get it from the words.

宏经济学。你字里行间就能看出来。