Macroeconomic meaning definition and types in simple english
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it refers to study of the economy as a whole or a study of economics on the aggregate level .For ex.. national income,aggregate investment ....and lady it has no types to explain...it is 1 of the type of economics
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Microeconomics is the science of how people make decisions at the small scale. It is different from macroeconomics which looks at how the economy works as a whole ("on aggregate").
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