The theoretical and practical importance of macro economics is briefly discussed as:
1. It is helpful in understanding the functioning of macro economics system.
2. It explains the factors which determine the level of national income and employment in an economy.
3. It explains the circular flow of national income in an economy.
4. It explains the problem of unemployment which is a main problem of developing countries.
5. It explains the various aspects of international trade such as terms of trade balance of payments, foreign exchange etc.
6. It studies the causes of fluctuations in the business cycle and to formulate the policies to control inflation and deflation.
Macroeconomics is the study of economics on a grand scale. The subject is important as it is used to make predictions about the economy.
Which level does macroeconomics focus on?
Macroeconomics refers to the national economy.
I don't think you can use Macroeconomics in a sentence.
Macroeconomics examines the consumer purchases of families and age groups.
Macroeconomics is the study of broad functions of an economy. It has importance in Government, Politics, Trade, Industry, and every other feild that deals with monetary regulations.
Macroeconomics is the study of economics on a grand scale. The subject is important as it is used to make predictions about the economy.
Which level does macroeconomics focus on?
Journal of Macroeconomics was created in 1979.
Macroeconomics refers to the national economy.
I don't think you can use Macroeconomics in a sentence.
Macroeconomics
difference in methodology for microeconomics and macroeconomics?
Macroeconomics examines the consumer purchases of families and age groups.
The word macroeconomics is a noun. It is the study of the entire economy.
Macroeconomics examines the consumer purchases of families and age groups.
Explain macroeconomics objectives from the conventional perspective?