InvestorQ : Which is not a subject matter of macroeconomics?
Pratiksha Bhandari made post

Which is not a subject matter of macroeconomics?

Answer
image
sarah Leo answered.
7 months ago
Follow
Macroeconomics is a general equilibrium analysis that studies an economic phenomenon by considering all the aggregate units. The subject matter of macroeconomics includes the determination of the level of employment, price level, and national income in the economy. Therefore, macroeconomics is concerned with the behavior of the economy as a whole.

Macroeconomics answers the following questions: What does determine income and employment? What determines the level of prices in the economy? How are these related? And, what policies can be used to affect them, and how do they work?
Macroeconomics is a wider concept and it has various drivers that make its analysis easy and meaningful. So, anything that does not answer the above-mentioned questions for the economy cannot be a subject matter of macro-economics.
1 Views