BEC 3250: INTERMEDIATE MACROECONOMICS

Institution	MERU UNIVERSITY
Course	ECONOMICS
Year	3rd Year
Semester	Unknown
Posted By	Mwalimu Evans Okoyo.
File Type	pdf
Pages	31 Pages
File Size	801.41 KB
Views	6460
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Description

Macroeconomics is essentially the study of the behavior and performance of the economy as a whole. More importantly, it studies the relationship and interaction between the ‘factors or forces’ that determine the level and growth of national output and employment, general price level, and the balance of payments positions of an economy. This definition too should be treated only as a working definition of macroeconomics.

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