Question

What are the advatage and limitation of macro economics?

Answer 1

Answer: THE advatage of macro economics are as under

  *It helps in study of aggregates.

*Helpful in formulation of economics policies

*Helpful in controlling inflation

*Helpful in calculation of national income

*Helpful in government financial divisions

         the limitation of macro economics are as under -

*Excessive generalization in economics paradox.

*Problem of heterogeneous groups .

*the data  is not reliable.