answersLogoWhite

0


Best Answer

The focus of macroeconomics is the income theory based on the balance of demand which takes into account consumer, business, government, with the supply of goods, stimulated by the encouragement of private expenditure and government deficit spending. This area of economics was conceived in 1935 by English economist John Maynard Keynes.
Macroeconomics is concentrates on trends in the entire economy as a whole

User Avatar

Wiki User

βˆ™ 9y ago
This answer is:
User Avatar
More answers
User Avatar

SoNa

Lvl 5
βˆ™ 2y ago

economy of a nation as a whole (A+)

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the focus of macroeconomics?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What level does macroeconomics focus on?

Which level does macroeconomics focus on?


Which is the primary focus of study in macroeconomics?

the economic system as a whole


What is focus of macroeconomics?

The focus of macroeconomics is the income theory based on the balance of demand which takes into account consumer, business, government, with the supply of goods, stimulated by the encouragement of private expenditure and government deficit spending. This area of Economics was conceived in 1935 by English economist John Maynard Keynes.Macroeconomics is concentrates on trends in the entire economy as a whole


What is the difference between economic development and macroeconomics?

Macroeconomics is the study of the economy as a whole (as opposed to Microeconomics where the focus is on individual households and individual firms.) Monetary policies are one of the macroeconomic policies using interest rate and money supply to try to control the demand in an economy.


When was Journal of Macroeconomics created?

Journal of Macroeconomics was created in 1979.


What does the term macroeconomics refer?

Macroeconomics refers to the national economy.


How do you use macroeconomics in a sentence?

I don't think you can use Macroeconomics in a sentence.


What is nature and scope of microeconomics?

The nature and scope of microeconomics is specified to a particular economy. This means that it does not focus on too much risk as compared to macroeconomics which looks at the entire economy.


What are the Methodological differences between microeconomics and macroeconomics?

difference in methodology for microeconomics and macroeconomics?


Does not describe macroeconomics?

Macroeconomics examines the consumer purchases of families and age groups.


What is the part of speech for macroeconomics?

The word macroeconomics is a noun. It is the study of the entire economy.


What does not describe macroeconomics?

Macroeconomics examines the consumer purchases of families and age groups.