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16 November, 07:39

Macroeconomics is the field of study which is concerned with the overall performance of the economy. Some subsets of this field include

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  1. 16 November, 10:18
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    Yes the statement is Correct.

    Explanation:

    Macroeconomics is the field of study which is concerned with the overall performance of the economy. In simple words, Macroeconomics is the study of economics on a large scale. Factors that impact the economy of a country on a large scale are studied under this field. Some subsets of the Macroeconomics are Inflation, Unemployment Rate, Monetary Policy, Trade, Imports, Exports, Productivity, etc. These factors affect the economy on a large scale. Almost every person in the economy is affected by the change in such factors.
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