Context Of The Present Books Of Macroeconomics

Emergence Of Macroeconomics

Define macroeconomics

Give the meaning of macroeconomics.

Name any three variables of macroeconomics.

Explain the concept of excess demand in macroeconomics. Also explain the role of open market operation in correcting it. OR What is excess demand in macroeconomics/ show the same in a diagram. Explain the role of open market operations in reducing it.