SCOPE AND IMPORTANCE OF MACROECONOMICS
SCOPE AND IMPORTANCE OF MACROECONOMICS
IN ECONOMIC POLICIES:Macroeconomics is extremely useful from the points of view of economic policy ,modern governments,especially of the underdeveloped economics ,are confronted with innumerable national problems,they are the problems of overpopulation ,inflation,balance of payments ,general underproduction etc. the main responsibility of these governments rests in the regulations and control of overpopulation ,general prices ,general volume of trade,general outputs ,etc.tinbergen says:'working with macroeconomics concepts is a bare necessity in order to contributes to the solutions of the great problems of our times,'no government can solve these problems in terms of individuals behaviors ,let us analysis the use of macroeconomics study in the solution of certain complex economic problems.
IN ECONOMIC POLICIES:Macroeconomics is extremely useful from the points of view of economic policy ,modern governments,especially of the underdeveloped economics ,are confronted with innumerable national problems,they are the problems of overpopulation ,inflation,balance of payments ,general underproduction etc. the main responsibility of these governments rests in the regulations and control of overpopulation ,general prices ,general volume of trade,general outputs ,etc.tinbergen says:'working with macroeconomics concepts is a bare necessity in order to contributes to the solutions of the great problems of our times,'no government can solve these problems in terms of individuals behaviors ,let us analysis the use of macroeconomics study in the solution of certain complex economic problems.
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