CHAPTER 7
INTRODUCTION TO
MACROECONOMICS
, Topic Learning
Outcomes
At the end of this topic, student should be
able :
1.To explain the macroeconomics objectives
2. To explain the conflicting objectives
, Macroeconomics
Macroeconomics looks at the economy as a
whole.
It is the branch of economics that examines the
economic behavior of aggregates
Examples: total income, total employment, total
output and the general level of prices.
Factors that determine national output or
national product.
INTRODUCTION TO
MACROECONOMICS
, Topic Learning
Outcomes
At the end of this topic, student should be
able :
1.To explain the macroeconomics objectives
2. To explain the conflicting objectives
, Macroeconomics
Macroeconomics looks at the economy as a
whole.
It is the branch of economics that examines the
economic behavior of aggregates
Examples: total income, total employment, total
output and the general level of prices.
Factors that determine national output or
national product.
