class 12 macro-economics Notes
Macroeconomics ....... short and easy notes for the board exam 1.What do you mean by Macroeconomics? What are its characteristics? > macro means large, it is also a Greek word Makro. It deals with aggregates such as National income, aggregate demand, aggregate supply, and general price level. Following and its characteristics; It deals with the Macro unit of the economy. Macroeconomics study the policy related to the whole. It studies macro variables. Its important tools are fiscal policy, monetary policy, and income policy. It is also known as income and employment theory. 2.Write the importance of macroeconomics. > following are its main importance; Macroeconomics essential for the formulation of various economic policies. Macroeconomics help in providing basic raw material in the study of economic growth. Consumption in an economy studies to calculate the economic growth of the nation. All policies are framed by the government on ...