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What is macroeconomics?
When it comes to economics it is a methodology that gives answer to different aspects of the market such as how to produce, distribute and finally consumed the limited resources. It is a vast discipline and to make the subject understandable, it is divided into two major areas:
Major features of macroeconomics
The trend of the market depends on the principles of macroeconomics and it starts from availability of goods, prices of goods in the market to welfare program launched by government, employment etc.
Through macroeconomics model it is possible to understand the national economy within a country which is adopted by different government bodies and help to assess the economic policies.
It is a subject that would help to understand the depth of GDP, rate of unemployment etc. as all these factors determine various sectors of economy.
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We are capable of handling different topics when it comes to macroeconomics:
Inflation and deflation
Expansionary and contractionary monitory policy
Elasticity or marginal rate
Costs of production
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