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ECON1102 Macroeconomics is that part of the economy which tells about or studies about the whole economy and focuses on the major part of the economy, or we can say it is the aggregate study of the economy.
ECON1102 Macroeconomics do the in-depth analysis of the various macroeconomic variables such as employment, inflation, interest rates and output.
There are certain important macroeconomic variables such as measuring of the variable of macroeconomic, developing the theories and models which can explain the behaviour of macroeconomic variable, the influence of government in seeking out the results of macroeconomics.
It can be concluded that the ECON1102 Macroeconomics subject gives a detailed knowledge and understanding about the whole economy and its working and interconnections between household, business and the governments.
This unit will help the students in doing the interpretation of the macroeconomic data and also give an explanation of its concepts.
Doing an analysis of the various macroeconomic models and using these in explaining the key macroeconomic variables behaviour.
Apply macroeconomic models in the current running economic issues and then interpreting its issues.
Finding out new alternative ways to measure the economic condition and policy of the country.
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