Under macroeconomics we will study economics from aggregate level. We will talk about the whole economy, problems related to economy, central banks, role of government, balance of payment, international trade and so on.

Showing 40 results for "Macroeconomics"

The Average and Marginal Propensity to Consume

Hi there. In this post, I will be writing about the important points related to the average and marginal propensity to consume. I will recommend you to read my post…

Propensity To Consume and Propensity To Save

The propensity to consume means willingness to consume and propensity to save means willingness to save. In this post, we will learn about these 2 concepts in detail. Let’s learn more…

Aggregate demand

Aggregate demand is an important element for determining the income level, consumption expenditure, investment expenditure, government expenditure, and net exports. In this post, we will focus on the aggregate demand…

Monetary Policy & Its Tools

Monetary policy refers to the central bank policy to control the money supply in the economy. In this post, I will be discussing monetary policy and its tools. Let’s study!…

Central Bank and Its Functions

Every country has 1 central bank, it is that bank that looks after other banks but it does not deal with the public. Today we will be learning the meaning…

Process of Credit Creation

We will understand the process of credit creation by commercial banks. In case you missed, then you can revise the concept of Introduction To Money. Let’s start with the meaning…

Introduction To Money

Money is anything that is generally accepted as a medium of exchange, a measure of value, store of value, and the means for the standard of deferred payment. In this…

The problem of Double Counting

The counting of the value of a commodity more than once is called double-counting. The problem of double counting leads to an overestimation of the value of goods and services…

Precautions While Calculating National Income

Under national income, we discussed 3 methods namely: value-added method, income method, and expenditure method. You can revise these methods before learning the precautions of each method while calculating national…

Domestic Territory & Normal Residents

Under national income, the concept of domestic territory and normal residents is crucial. Students get identification questions on this topic and are asked to provide the reasoning of the same.…

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