Question

Explain the concept of macro economics..


Answer point wise and in easy words..​

Answer 1

Answer:

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

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Answer 2

Explanation:

1) Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole

2)It focuses on the aggregate changes in the economy such as unemployment, growth rate, gross domestic product and inflation.

3)Macroeconomics is a branch of economics that studies how an overall economy—the market systems that operate on a large scale—behaves.

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

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