if marco polo aproves it
theory of income and employment: theory of general price level and inflation theory of economics macro theory of distribution' theory of international trade
Macro?
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Price theory can be referred to as Micro economics and income as Macro.
The micro theory looks at policing as it pertains to individuals or small groups, while the macro theory does so as it pertains to society as a whole.
The larger scale theories generally fall into the category called Macro theories and they are generally considered to be concerned with social structures and the effects of those structures on the human behavior while Micro theories are considered to be theories and are concerned with trying to explain the individual level causes of crime and delinquency.
A macro theory is a broad theory that aims to explain large-scale social, political, or economic phenomena at a societal level. It focuses on understanding how institutions, structures, and systems shape society as a whole, rather than individual behaviors or interactions. Examples of macro theories include functionalism, conflict theory, and symbolic interactionism.
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The scope of Scope of Macro Economics can be studied in the following theories :- 1. Theory of National Income 2. Theory of Employment 3. Theory of Money 4. Theory of General Price Level 5. Theory of Economic Growth 6. Theory of International Growth .
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