Macroeconomics
- Macroeconomics studies the performance of economies as a whole, on a national or continental scale.
- Studies economic growth, inflation, deflation and economic well-being.
- Studies the changes in economic output, inflation, foreign exchange rates, etc.
- Looks at the role of official policies, such as taxes and interest rates and the distribution of income.
- Macroeconomics mainly focuses on statistics such as national income statistics like GDP.