What is the nature and scope of Macroeconomics?

24 Views|Posted a year ago
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Surbhi Sahu
a year ago

Macroeconomics is the branch of economics that deals with the structure, performance, behaviour, and decision-making of the whole, or aggregate, economy. John Maynard Keynes was an early 20th-century British economist, best known as the founder of Keynesian economics and the father of modern macroec

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S
a year ago

Macroeconomics is the study of aggregates or averages covering the entire economy such as total employment, national income, national output, total investment, total consumption, total savings, aggregate supply, aggregate demand, and general price level, wage level and cost structure. In other words

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