Author Archives: Pyongwon Lee

IT (Cloud, Web) Development, Philosophy, Economics.

[Study Notes] Macroeconomics – Fiscal & Monetary Policies

The economy is controlled by two policies:

  • Fiscal (by Government): Taxes and Expenditures
  • Monetary (by Central Bank): Money supply and Interest rate

THE FOLLOWING NOTES ARE THE BASIC CONCEPTS IN THE MAINSTREAM (CAPITALISTIC, NEO-CLASSICAL) ECONOMICS.

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[Study Notes] Macroeconomics – Unemployment

Unemployment is one of the widely used barometers to check the current economic status. Therefore it is natural that unemployment is the main topic of macroeconomics.

THE FOLLOWING NOTES ARE THE BASIC CONCEPTS IN THE MAINSTREAM (CAPITALISTIC, NEO-CLASSICAL) ECONOMICS.

Continue reading “[Study Notes] Macroeconomics – Unemployment”

[ML] Machine Learning Lifecycle

Machine Learning builds the mathematical model (algorithm) to make predictions without explicit programming based on the sample (training) data.

Machine Learning Lifecycle is the process that defines each step that an organization can follow to take advantage of machine learning and artificial intelligence (AI) to achieve practical business value.

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