1
Question
What Is Macroeconomics in Simple Words?
What Is Macroeconomics in Simple Words?
Open in App
Solution
In simple words, macroeconomics is the branch of economics that deals with studying performance and behaviour of an economy as a whole. The focus of macroeconomics is on the aggregate changes in the economy such as growth rate, unemployment, inflation and gross domestic product.
Also see:
In simple words, macroeconomics is the branch of economics that deals with studying performance and behaviour of an economy as a whole. The focus of macroeconomics is on the aggregate changes in the economy such as growth rate, unemployment, inflation and gross domestic product.
Also see:
Suggest Corrections
4
Similar questions
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
