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

这些缺陷在当代宏经中尤其明显。

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

这，这有点像经宏经的区别。

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

如果说宏经有一个中心问题，这个问题就是。

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

在研究领域，宏经是一个相对较新的课题。

It is a critical element of Keynesian macroeconomics.

它是凯恩斯宏经的一个重要组成部分。

She has expertise in macroeconomics and the elements of unemployment.

她有宏经方面的专业知识及失业问题的经验。

These criticisms fail to distinguish between macroeconomics and microeconomics.

这些批评不能区分宏经经。

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

现在你可能会想，宏经与经哪个更重要呢？

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

因为宏经在新闻中经常出现，所以我们从它讲起。

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

宏经回答诸如" 如果税收增加，失业率会上升吗" ？

Specifically, all these complaints are about macroeconomics.

特别是，所有这些抱怨都是关于宏经的。

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

他们指出，宏经模型必需从描述理性个人如何决策的等式入手。

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

这有点像经宏经的区别。

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

宏经。你从字里行间就能看出来。

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

瑞典皇家科院表彰菲尔普斯先生在宏经方面的工作。

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而改变。

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

宏经界的共识是，贸易逆差等同于资本账户盈余。

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，他们的宏经策略，后来以“淡水”派而闻名。

Now Stephen Jen, he's a bit of a kind of like rock star in macro circles.

现在斯蒂芬·詹在宏经界有点像摇滚明星。

Macro-economics is the study of what happens at the aggregate to an economy.

宏经是研究一个经体体上发生的事情的科。