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 2144
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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