We regularly hear terms like GDP, national income, GDP and national consumption expenditure. especially, when comparing the economic states of countries. these concepts are defined as Macroeconomics.
In short, Macroeconomics is the economics of economies as a whole at the global, national, regional and city level.
Examples of Macroeconomics
1- Market Failure
Market inefficiencies and failures such as the destruction of common goods due to economic systems that provide no incentive for their preservation.
it represents Conditions for competitive markets such as the impact of monopolies or cronyism on a national economy.
The causes of economic growth or contraction such as economic policy, investment, demographics, technological change, and infrastructure.
4- Business Cycles
Cycles of expansion and retraction in an economy.
5- Productivity And productivity
it means Improvements in productivity rates driven by technological change and economic development. and the efficiency of the factors of production such as capital and land.
Modeling the causes of unemployment such as the structural change to an economy.
7- Price Stability
The causes and impact of inflation and deflation.
They are Different types of goods and their supply and demand in a variety of market conditions. For example, the effect of a global shift toward a service-based economy.
It concerns the influence of trade on prices, growth, employment and economic efficiency such as modeling the impact of a trade war.
10- Productivity And productivity
It means Improvements in productivity rates driven by technological change and economic development. and the efficiency of the factors of production such as capital and land.