define the macro economic? important and limitations of macro economic
for bba in detail
Answers
Answer:
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.
Answer:
ʜᴏᴘᴇ ɪᴛ ʜᴇʟᴘs ʏᴏᴜ
Explanation:
ᴍᴀᴄʀᴏᴇᴄᴏɴᴏᴍɪᴄs ɪs ᴛʜᴇ ʙʀᴀɴᴄʜ ᴏғ ᴇᴄᴏɴᴏᴍɪᴄs ᴛʜᴀᴛ ᴅᴇᴀʟs ᴡɪᴛʜ ᴛʜᴇ sᴛʀᴜᴄᴛᴜʀᴇ, ᴘᴇʀғᴏʀᴍᴀɴᴄᴇ, ʙᴇʜᴀᴠɪᴏʀ, ᴀɴᴅ ᴅᴇᴄɪsɪᴏɴ-ᴍᴀᴋɪɴɢ ᴏғ ᴛʜᴇ ᴡʜᴏʟᴇ, ᴏʀ ᴀɢɢʀᴇɢᴀᴛᴇ, ᴇᴄᴏɴᴏᴍʏ. ᴛʜᴇ ᴛᴡᴏ ᴍᴀɪɴ ᴀʀᴇᴀs ᴏғ ᴍᴀᴄʀᴏᴇᴄᴏɴᴏᴍɪᴄ ʀᴇsᴇᴀʀᴄʜ ᴀʀᴇ ʟᴏɴɢ-ᴛᴇʀᴍ ᴇᴄᴏɴᴏᴍɪᴄ ɢʀᴏᴡᴛʜ ᴀɴᴅ sʜᴏʀᴛᴇʀ-ᴛᴇʀᴍ ʙᴜsɪɴᴇss ᴄʏᴄʟᴇs.
ʟɪᴍɪᴛᴀᴛɪᴏɴs ᴏғ ᴍᴀᴄʀᴏᴇᴄᴏɴᴏᴍɪᴄs
ᴄᴏɴsɪᴅᴇʀs ᴀɢɢʀᴇɢᴀᴛᴇs ᴀs ʜᴏᴍᴏɢᴇɴᴏᴜs: ᴛʜᴇ ɪɴᴅɪᴠɪᴅᴜᴀʟ ᴅᴀᴛᴀ ᴍᴀʏ ɴᴏᴛ ʙᴇ sɪᴍɪʟᴀʀ ɪɴ sᴛʀᴜᴄᴛᴜʀᴇ ᴏʀ ᴄᴏᴍᴘᴏsɪᴛɪᴏɴ. ᴛʜᴜs, ᴡʜᴇɴ sᴜᴄʜ sɪɴɢʟᴇ ғɪɢᴜʀᴇs ᴀʀᴇ ᴄᴏᴍᴘɪʟᴇᴅ ᴛᴏ ɢᴇᴛ ᴀɴ ᴀɢɢʀᴇɢᴀᴛᴇ ᴠᴀʟᴜᴇ, ɪᴛ ᴍᴀʏ ɴᴏᴛ sᴇᴇᴍ ᴛᴏ ʙᴇ ᴛʜᴀᴛ ᴜsᴇғᴜʟ.