Question

introduction to macroeconomics notes​

Answer 1

Answer:

$\huge\underline\mathbb{Introduction}$

Macroeconomics involves adding up the economic activity of all households and all businesses in all markets to get the overall demand and supply in the economy. However, when we do that, something curious happens.

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Answer 2

Answer:

Macroeconomics is derived from Greek Prefix “macr(o)” meaning “large” + economics. It is a branch of economics dealing with the performance, structure, behavior, and decision making of the entire economy. This includes a national, regional, or global economy. Microeconomics and Macroeconomics are two most general fields in Economics