30th August 2013, 08:33 PM
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What is the nature and scope of macro economic?

Nature and scope of macro economic...Please send to me the details

31st August 2013, 11:35 PM
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Join Date: Sep 2012
Posts: 7,290
Default Re: What is the nature and scope of macro economic?

Dear Friend

Economics is the social science that is concerned with the production ,consumption and distribution of goods and services .

The horizon of economics is gradually increasing .Some of the major branches of economics that is its scope are as below:

Nature and scope:

1.Microeconomics : Branch of economic analysis which deals with study of individual unit.It is study of one particular unit rather combined together.

2.Macroeconomics :

>>Branch of economic analysis which studies of all units combined together.It is also called aggregative economics as it studies in aggregates.

Some of the other scopes are

>>Health economics

>>International economics

>>Public finance

>>Environmental economics

>>Urban and Rural economics.

Hope the information helps you.If you have any other query regarding this then please leave here .We will try to get back to you as soon as possible.

All the best for your career.

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