• Macroeconomics is the study of entire economies: how do counrties grow, how unemployment rises or falls, and how inflation works.
• It looks at the "big picture" instead of individual choices.
• Governments and central banks use macroeconomics to guide economic policies.
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Economics and politics student from Germany. Interested in a broad field of topics and trying to easily break down topics from his studies to everyone.
In this post i want to give you a short overview of the very broad topic of macroeconomics. Why is it important? How does it work? Why does it work and sometimes not? What are the key concepts?
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