BEC 3250: INTERMEDIATE MACROECONOMICS
| Institution | MERU UNIVERSITY |
| Course | ECONOMICS |
| Year | 3rd Year |
| Semester | Unknown |
| Posted By | Mwalimu Evans Okoyo. |
| File Type | |
| Pages | 31 Pages |
| File Size | 801.41 KB |
| Views | 6665 |
| Downloads | 0 |
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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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