Sunday, June 5, 2011

Macroeconomics

Macroeconomics is the part of the economic theory that is responsible for overall review of the economy in terms of total goods and services produced, total income, the level of employment, productive resources, and general behavior prices. Macroeconomics can be used to analyze what is the best way to influence policy objectives such as making the economy grow, achieve price stability, promoting jobs and obtaining a balanced and sustainable balance of payments. Macroeconomics for example, focuses on the phenomena that affect the indicator variables of living in a society. In addition objetiza analyzer further the economic situation of their own country where you live, allowing to understand the phenomena involved in it. In contrast, microeconomics studies the economic behavior of individual agents, as consumers, businesses, workers and investors.