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Economics 2 Macro Economics pdf notes

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Macroeconomics is a branch of economics that studies how an overall economy—the market systems that operate on a large scale—behaves. Macroeconomics studies economy-wide phenomena such as inflation, price levels, rate of economic growth, national income, gross domestic product (GDP), and changes in unemployment.

Macroeconomics means using interest rates, taxes and government spending to regulate an economy's growth and stability. It is a branch of economics dealing.

Macroeconomics · Course summary · Basic economics concepts · Economic indicators and the business cycle · National income and price determination · Financial.

Definition: Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole. It focuses on the aggregate changes in the economy such as unemployment, growth rate, gross domestic product and inflation.

It should be clear by now that economics covers a lot of ground. That ground can be divided into two parts: Microeconomics focuses on the actions of individual.

Macro-economic theory involves the construction and use of models of the whole, 'macro', economy. Economists build such models so that they can explain the.

Macroeconomics is a branch of economics that focuses on the behavior and decision-making of an economy as a whole. In this manner it differs from the field of.

Economists also look at two realms. There is big-picture macroeconomics, which is concerned with how the overall economy works. It studies such things as.

Macroeconomics, study of the behaviour of a national or regional economy as a whole. . Former assistant editor, economics, Encyclopædia Britannica.

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