Macroeconomics started with John Maynard Keynes and the publication of his book " The general theory of employment, interest and money.
It is the study study of economics with reference to the larger segments of the wealth factors, deals with economic behavior as a whole of dimensions of a country. Some of the key elements determining the study of macroeconomics are as follows :
It is the study study of economics with reference to the larger segments of the wealth factors, deals with economic behavior as a whole of dimensions of a country. Some of the key elements determining the study of macroeconomics are as follows :
- Looks at total size, shape and functioning of economics as a whole
- Factors like GDP, national income, international imports and exports revenue
Some of the key determinants that has affected the macroeconomics are as follows:
- Inflation
- Sudden stop in flow of cash.
- Rise or fall in the international currency
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