A list of definitions relating to classical macroeconomic theory.

The solutions clearly and concisely defines the various terms associated with basic macroeconomics. One-two line definitions are provided for each of the terms. Some of the terms that are defined in the solution include factor prices, marginal propensity, export, income, consumption etc. This is an excellent response for a student who wishes to learn the basics of macroeconomics and understand some basic terms. However, it is not a detailed response. Overall, it is a good response which is brief and to the point.