Macroeconomics assignment services by Experts

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Macroeconomics Assignment Services
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What Is Macroeconomics?

• Macroeconomic refers to a branch of economics
  that is considered to study the overall economy
  of the country the behavior of the market at a
  large scale. It also studies different phenomena
  of economy such as inflation, economic growth,
  national income, GDP, price levels, and
  unemployment.  It deals with the structure and
  performance of the entire economy. 

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Area Of Research In Microeconomics

• Being a broader field of study, there are two
  very specific areas of research that are
  considered to be important are
• Economic Growth It refers to the growth of
  production in an economy. Here, the
  macro-economists work hard to try and understand
  the external factors that help the economic
  growth to increase or decrease supporting
  economic policies that help in the development,
  progress and living standards of a country. 
• Business Cycle it is also known as the trade
  cycle, which refers to the increasing of
  decreasing of the GDP around the long-term trend
  of growth. It is studied by considering the real
  GDP growth. 

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Limits Of Macroeconomics 

• Microeconomics, while it puts forward theories to
  understand the economy at a larger scale, has its
  own limitations like
• Some theories lack real-world details about
  transaction costs, regulations, and taxation. 
• Generalization
• Excessive thinking
• Difference in opinion with aggregates
• Heterogeneous elements

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Importance Of Macroeconomics

• Macroeconomics holds the following importance
• Macroeconomics helps to understand complicated
  modern economic systems. 
• It helps to achieve high GDP and level of
  employment increases 
• The study of Macroeconomics helps to bring
  stability in the price levels
• It helps to address problems like- poverty,
  inflation, unemployment, deflation, and more. 
• It helps to formulate correct national and
  international economic policies. 

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