Economics: Macro Economics is the study of the economy as a whole.
In other words, macro economics deals with aggregates such as national income, employment and output.
Macro Economics is also known as ‘Income Theory’.

Question

Macro Economics is the study of the economy as a whole.
In other words, macro economics deals with aggregates such as national income, employment and output.
Macro Economics is also known as ‘Income Theory’.

Vimala Balu · Accepted Answer

Define Macroeconomics.

Vimala Balu · Answer

the word ‘macro’ is derived from the greek word ‘makros’ meaning large. hence macroeconomics is the study of economy as a whole, in other words macroeconomics deals with aggregates such as national income, employment and  output. it is also called as ‘income theory’.

Economics

Macro Economics is the study of the economy as a whole. In other words, macro economics deals with aggregates such as national income, employment and output. Macro Economics is also known as ‘Income Theory’.

Define Macroeconomics.

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