what is macroecoonomics
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☑️ Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies☑️
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Macroeconomics is a prominent and an important branch of mainstream Economics,which deals with the aggregate or overall estimates and impacts of various economic variables.
Explanation:
Macroeconomics is basically a branch or division of Economics which examines the aggregate or overall impacts of various economic variables such as National Income,GDP,Inflation,Interest Rate,Unemployment Rate,Fiscal and Monetary policies and so forth on the entire economy of a country.Hence,it concerns the overall or comprehensive movements or fluctuations in the entire economy in the light of the aggregate analysis of these aforementioned components.Macroeconomic theories and notions can be considered as useful tools and instruments to deal with any large scale economic problems or detriments and ensure long term economic growth or prosperity in any country.