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How would you define macroeconomics?

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How would you define macroeconomics? I know that Macroeconomics examines the economy as a whole but, what causes the economy to grow over time?', 'What causes short-run fluctuations in the economy?' 'What influences the values various economic indicators and how do those indicators affect economic performance?

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How would you define macroeconomics? I know that Macroeconomics examines the economy as a whole but, what causes the economy to grow over time?', 'What causes short-run fluctuations in the economy?' 'What influences the values various economic indicators and how do those indicators affect economic performance?

How would you define macroeconomics?
Your definition is correct. Basically macroeconomics answers all the questions posed in the above statement.

What causes the economy to grow over time?
-Government regulations
-Increased production in the economy
-Increase in investment ...

Solution Summary

This solution gives a detailed definition of macroeconomics.

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