whats is the subject matter of macroeconomis
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Thus, the subject matter of micro economics is mainly concerned with the price theory and allocation of resources. It seeks to examine the basic economic questions regarding production, distribution and consumption of goods and services.The subject matter of macroeconomics is income and employment, inflation, balance of payment problems etc. which occur in milder forms all the time. The purpose of macroeconomics is to present a logical framework for the analysis of these phenomena.
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