Macroeconomics

The study of how the aggregation of decisions taken in individual markets determines variables such as national income, employment and inflation. Macroeconomics is also concerned with explaining the relationship between these variables, their rates of change over time and the impact of monetary policy and fiscal policy on the general level of economic activity.

Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

0 Comments

Please sign in to leave a comment.