BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Definition: Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole. It focuses on the aggregate changes in the economy such as unemployment, growth rate, gross domestic product and inflation.

Detailed explanation-2: -Macroeconomics focuses on the performance of economies – changes in economic output, inflation, interest and foreign exchange rates, and the balance of payments.

Detailed explanation-3: -Macroeconomics does not study product pricing. Explanation: Macroeconomics studies an economy as a whole. It focuses on aggregate measures such as aggregate demand, aggregate supply and aggregate price level.

Detailed explanation-4: -Macroeconomics is a branch of economics which deals with the performance, structure, behavior, and decision-making of an economy as a whole. For example, using interest rates, taxes, and government spending to regulate an economy’s growth and stability.