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What are the main objectives of …

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What are the main objectives of macroeconomics?
  • 1 answers

Meghna Thapar 5 years, 4 months ago

Macroeconomics is concerned with issues, objectives and policies that affect the whole economy. All economic analysis that refers to aggregates is macro. The UK unemployment rate, the UK inflation rate, the rate of economic growth in the UK; these are all UK aggregates and therefore macro issues.

The four major objectives are:

  1. Full employment
  2. Price stability
  3. A high, but sustainable, rate of economic growth
  4. Keeping the balance of payments in equilibrium.
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