Macroeconomics

Static and Dynamic Analysis of Macroeconomics

In this article, we have explained the static and dynamic analysis of macroeconomics. Introduction to Static and Dynamic Analysis of Macroeconomics To construct the economic model, there are two methods static and dynamic.  An economic analysis that limits its attention to the final equilibrium position is called ‘statics’ or ‘static’. A static model may be […]

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Use or Importance of Macroeconomics

Macroeconomics is the study of aggregates like national income, national product, total consumption, total saving, total investment, etc. The study of macroeconomics assists to realize the operation of a complicated modern economic system. It defines and describes how the economy functions and how the level of national income and employment is determined based on aggregate

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Meaning and Features of Macroeconomics

Macroeconomics is the part of economics that studies about the economy. The unit to deal in macroeconomics is the entire economy rather than a part of the economy. Thus, macroeconomics deals with the economic problems faced by an economy. Here we will briefly discuss the meaning and features of macroeconomics. Ahuja (2016) states that macroeconomics

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