Macroeconomics

Macroeconomics is a branch of the economics field that studies how the aggregate economy behaves. In This economics, a variety of economy-wide phenomena is thoroughly examining. Such as inflation, price levels, the rate of growth, national income, gross domestic product and changes in unemployment. In this economics content, you will learn some of the major concepts of macroeconomics. Such as gross domestic product, price level, inflation, unemployment, economic growth and the balance of payments.

As well as, Macroeconomics (from the Greek prefix makro- meaning “large” and economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies.

Also learn, Macroeconomists study aggregates indicators such as GDP, unemployment rates, national income, price indices, and the interrelations among. The different sectors of the economy to better understand how the whole economy functions.

Macroeconomists develop models that explain the relationship between such factors as national income, output, consumption, unemployment, inflation, savings, investment, international trade and international finance.