What is the macro economics?

A

Anita Mishra

Macroeconomics

Macroeconomics concentrates on the behavior of the economy as a whole unemployment, interest rates, how government spending affects the economy, GDP or total output of the economy are all macroeconomic topics. Macroeconomics considers aggregate outcomes., the two points of view are essential in understanding most economic phenomena.

Macroeconomic Policies

  1. Fiscal Policy
  2. Monetary Policy
  3. Foreign Trade Policy

Fiscal Policy

  • Aggregate demand and the level of economic activity
  • The pattern of resource allocation
  • The distribution of income

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