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What is Macroeconomic?

Updated: 11/3/2022
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8y ago

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Macroeconomic deals with the functioning of the economy as the whole. It is concerned with economy wide issues such as unemployment, inflation, and economics growth/development; it is the study of economics from a broad perspective of the resources and factors of production in an economy.

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8y ago

Macroeconomic is a a branch of economics that deals with the performance, structure, behavior and decision making of an economy as a whole instead of the individual markets.

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macroeconomics is that branch of economics which study the aggregate behaviour of the economy such as price level, employment level, aggregate demand and supply.

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