Macroeconomics is a part of economics which deals with macro level issues of economics. Macroeconomics is the study of economy as whole and concerned with study of whole economy’s booms and recessions, output of goods and services, growth rate, inflation, unemployment, balance of payment and exchange rate. It is an important subject which prepares students for their future career as it is a subject of importance. This subject covers many important topics such as Economic measurement, Economic downturn, Growth and development, Creation of money, financial market, Theories of business cycle, The labor market, Fiscal policies, Monetary policies, Aggregated demand and aggregated supply.
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