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Macroeconomics is on the verge of a collapse for the prolonging Global Economic Crisis,in spite of the great influence of Islam and Christianity over 60% of the Humanity. . Schools and Universities ...
Macroeconomics is on the verge of a collapse for the prolonging Global Economic Crisis,in spite of the great influence of Islam and Christianity over 60% of the Humanity. . Schools and Universities all over the world are teaching Micro- and Macro-Economics as something great and they provide answers to all economic maladies. It was true before Information Technology Revolution that lead to Globalization.; but not true in the age of globalization. Now schools and universities are misguiding the students; teachers could not explain the Global Economic Crisis other than what is taught with the help of some ready-made PowerPoint presentations or popular text books or course materials. Why do our economists fail to offer any solution or even a logical explanation for the present Global Economic Crisis? What about the world renowned Harvard or Stanford Business Schools? Do they have any solution other than promoting Consumerism or Corporatism?
In the midst of the prolonging global economic crisis, the tools and remedies of Micro and Macro Economics have become ineffective. Economics and Management Science are getting irrelevant. In this context, Mega or Universal Economics has been proposed to deal the global economic crisis.
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