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What is macro statics?

Updated: 4/28/2022
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Macro Static investigation describes the static equilibrium situation of the financial system. It is defined object is to show a still picture of the economy as a whole, the macro static method is appropriate technique investigating the relation between macro-varibales in the final position of equilibrium without reference to the process of adjustment implicit in that final position". Such a final point of equilibrium may be shown by the equation Y=C+I where Y is the total income, C is the total consumption expenditure and I , the total investment expenditure. It simply shows the eternal identity equation without any adjusting mechanism.

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