OBJECTIVES OF MACROECONOMICS:

OBJECTIVES OF MACROECONOMICS: Macroeconomics gives authorities policymakers having a set of resources that may be employed to assist attain particular macroeconomic objectives considered desirable for any country. On a financial system to be considered balanced, 3 objectives have to be satisfied: Economic growth: Accomplishing beneficial economic expansion is one of the most critical ambitions of […]

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DEFINITION OF MACROECONOMICS:

DEFINITION OF MACROECONOMICS: In 1933, Swedish economist Professor Ragnar Frisch primary applied and invented the particular key phrase ‘macro’. The phrase macroeconomics hails from the Ancient Greek expression  “makros”, which means large,  big, huge, significant, substantial. Macroeconomics is among the significant subdivisions from the review of economics.Macroeconomics is the review of economics including phenomena in […]

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