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How are data, theory and policy used in Macroeconomics to analyze, explain and develop strategies to improve macroeconomic performance?

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter17: Economic Growth: Resources, Technology, Ideas And Institutions

Section: Chapter Questions

Problem 7QP

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How are data, theory and policy used in Macroeconomics to analyze, explain and develop strategies to improve macroeconomic performance?

Branch of economics that analyzes the behavior and performance of an economy as a whole. It focuses on the study of aggregates and evaluates changes related to unemployment, gross domestic product, inflation, monetary and fiscal policies of the government.

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