ECO 151 - Course of Record

Use this course guide to find and evaluate information and resources related to macroeconomics.

What is macroeconomics?

Definition: Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole. It focuses on the aggregate changes in the economy such as unemployment, growth rate, gross domestic product and inflation.

Description: Macroeconomics analyzes all aggregate indicators and the microeconomic factors that influence the economy. Government and corporations use macroeconomic models to help in formulating economic policies and strategies.

Source: The Economic Times

Gault, John. (08 Feb. 2020). “Sculpture of bull and bear on seesaw in front of Fross and Fross Wealth Management.” The Villages, FL.. Wikimedia Commons.CC BY-SA 3.0.