General Economic Theory: Macroeconomics
- Dr. Bruce Moynihan
- Oct 17, 2024
- 4 min read
Updated: Mar 12, 2025
October 18 (Doctors In Business Journal) - Macroeconomics is a branch of economics that studies the behavior and performance of an economy as a whole. It focuses on aggregate changes in the economy such as growth rate, unemployment, inflation, and national income. Understanding economic theory in macroeconomics is essential for analyzing how economies function and for formulating policies that can influence economic performance.
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