Explain the scope of Macro economics.
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The scope and subject matter of Macroeconomics can be describes as follow: 1. Macroeconomics is concerned with the behaviour of the economy as a whole. ... The subject matter of macroeconomics is income and employment, inflation, money supply,price level, investment and economic growth and development.
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The scope of Macro Economics consists of the following.
1. Theory of National Income.
2. Theory of Inflation.
3. Theory of economic growth.
4. Theory of Employment.
5. Theory of Trade Cycles.
6. Theory of monetary and fiscal policies
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