Macroeconomics

Macroeconomics is theories about an entire country's economy at the aggregate level. Macroeconomic theory seeks to explain and understand a country's economy. National macroeconomic theory can be the basis for policy decisions that affect a country's whole economy.

Within the macroeconomic theory, the interest is directed at a country's entire production, public sector, financial markets and the problems that can arise in a country such as inflation, deflation and unemployment. The study area for economics is divided into macroeconomics and microeconomics. Macroeconomics deals with the economy at the aggregate level and microeconomics is related to individual markets and groups of companies or individuals.

Within the field of macroeconomics there is theories that have helped to explain and understand a country's economy. Macroeconomics has also helped to improve the economy of countries and created the conditions for growth and prosperity.