Overview
Macroeconomics seeks to explain and/or forecast data aggregates such as national production and employment that is driven by the agents studied with microeconomics.Models
- Production and Income : production is a measure of the amount of goods and services produced by an economy. Income is the money made by producers from selling those goods and services.
- Money, Prices and Inflation : Money is the unit of account in an economy.
- International Trade : represents the trade between agents in two or more different nations.
- Econometrics : generally refers to a set of mathematical tools that are used to measure and validate economic models.
- Aggregate Supply and Demand