Economy, asked by yaserfarok746, 7 months ago

define Macro Economics​

Answers

Answered by Anonymous
11

Definition: Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole. It focuses on the aggregate changes in the economy such as unemployment, growth rate, gross domestic product and inflation.

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Answered by namansethi1
0

Answer:

Macroeconomics is the study of economic problems at the macro level, or at the level of the economy as a whole.

well known Economic problems that count in macroeconomics are:-

1- The problem of unemployment.

2- The problem of inflation and deflation.

3- The problem related to exchange rate and BoP ( Balance of Payment)

These problems all related to as a whole level so, it counts in macroeconomics.

More definition of macroeconomics is-

Macroeconomics is a branch of economics that studies how an overall economy- the market system that operate on a large scale- behaves.

Macroeconomics studies economy- wide phenomena such as inflation, price levels, rate of economic growth, national income, gross domestic product, and changes in unemployment.

more definitions are also there.

Explanation:

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