MACROECONOMICS

As discussed above macroeconomics studies and analyzes the behaviors of the economic system in totality. It is concerned with the some total of economics activities of the whole economics organism .That is why macroeconomics is also called aggregative economics. It deals with the economics wide aggregates like total consumption, total consumption, total investment, total employment, general price level etc and analyzes their interrelationship. Basically, macroeconomics comprises of theories that study and explain about the aggregates of the economy, national level economic problems and policies aimed at solving those problems. The analysis of income and employment, general price level ,economic growth and income distribution are the constituents of macroeconomics theory .The trade cycle ,inflation, unemployment and low rate of economics growth constitutes macroeconomic problems and monetary policy and fiscal policy are macroeconomics polices of the government to solve macroeconomic problems