Types of International Economics

A. Micro-Economics.

Microeconomics denotes a type of international economics that focuses on the economic interactions between a specific individual or organization. In retrospect, it is the study of markets rather than the study of the overall economy. These economic interactions mainly focus on the purchase and sales of goods and services of the given market. Thus, microeconomics has two main elements. First is the interaction between the supply and demand within a given market in reference to the organization or individual actor. The second element is the scarcity of goods. One of the main objectives of this form of international economics is to analyse the market, thus determining the prices for goods and services allocated in the limited available resources. Therefore, microeconomics is particularly important in international managerial economics because it helps decide the appropriate goods to manufacture and the appropriate prices to sell the said goods.u00a0

B. Macro-Economics.

Macroeconomics denotes the evaluation of the economic performance, decision-making processes, economic structure, and behavior of a given economy as a whole. It focuses not only g=focuses on international economics but also on national and regional economics. For most managerial economists that focus on macroeconomics, their main goal is to maximize national income and promote economic growth at national levels (Hlatshwayo, 2019). They do this in a bid to increase utility and improve the standards of living among economic participants. Although there are differentiations between different international and national actors’ goals, there are various facets and processes that all the actors follow. These processes and facets are in respect to sustainability, employment statistics, price stability, commodity market, consumption, financial market, productivity, and income distribution. These reflect on the circulation in macroeconomics. In retrospect, macroeconomics is an important part of international managerial economics since its main focus is on a given economy’s overall state.u00a0

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Emmanuel Addo
Founder
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Emmanuel Addo is the founder of the Young Global Leaders Network, an international non-governmental organization registered in six (6) countries namely, Ghana, United Kingdom, Nigeria, Sierra Leone, Democratic Republic of Congo, and South Sudan and has a membership strength of over 15,000 young black professionals, students, graduates, and aspiring leaders.

The organization also operates in 25 other African countries. Emmanuel also doubles as the chief convener and founder of the Young African Leaders Summit, one of the largest continental youth summits in Africa.  

Currently works at Kingston University as a Business Engagement Team Member in their Partnerships and Engagement Department. 

He characterizes energy, integrity, result-oriented, and ground-breaking service in each detail of strategic management, change management, stakeholder management, and leadership acquaintances.
Emmanuel owns a core background in Sociology and Psychology from the University of Ghana.

Leveraging his experience as a youth activist and a dynamic young man, Emmanuel founded the Young Global Leaders Network, a youth organization that comprises young diplomats, young politicians, and aspiring politicians, business/entrepreneurial business leaders with the aim of championing a mutual agenda for the African youth and promoting youth participation in governance as well as promoting entrepreneurial culture.
Emmanuel nurtures an environment of teamwork and has expertise in data collection and analysis as well as both quantitative and qualitative methods.

Emmanuel worked as an Associate Lecturer at the London College of Advanced Management where he delivered a wide range of business management courses that involved principles of marketing, leadership, operation management, and research methods. Emmanuel has always maintained high teaching and learning standards to ensure that his students’ stand out in academic achievements and successful progression. As a stout believer and passionate key player in volunteering; Emmanuel creates quality time to giving back gladly to his community what he has learned and to educate individuals with free consultancy on career development. He is a leader anyone would love to look up to and with great integrity, commitment, and passion to make the world a better place.
Emmanuel worked as Qualifications Manager at the Open University in the UK.

Emmanuel is also the founder of Kickstart Innovation Hub Ltd, the entrepreneurial hub of Young Global Leaders Network.