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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Define Macro Economics. - Economics

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Question

Define Macro Economics.

Definition

Solution

Macro Economics is the study of the economy as a whole. In other words, macro economics deals with aggregates such as national income, employment, and output. Macro Economics is also known as ‘Income Theory’.

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Introduction to Macro Economics
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Chapter 1: Introduction to Macro Economics - Model Questions [Page 17]

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Samacheer Kalvi Economics [English] Class 12 TN Board
Chapter 1 Introduction to Macro Economics
Model Questions | Q 21. | Page 17
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