It is a main branch of the economics which mainly deals with the performance, structure, behaviour as well as decision making of an economy as a whole. It basically includes regional, national and global economies. The study of the macroeconomic gives the combined information about the GDP, unemployment rate in the country, national income, price indices etc. It also gives the relevant information about the complete economy functions. In this Macroeconomic assignment help, our experts are trying to write the complete information for the students.
Let’s have a look on the Macroeconomic Variables
- Economic Output: Macroeconomics gives the complete information about the up and down in the economical situation of the country. With the help of this we can get the accurate economical status. It mainly combines the total earning as well as expenditure information. It also defines the rates of trends about the market trends which is the major concern of the economic growth. With the help of various formulas as microeconomics, we can easily calculate the total export and import services and goods easily and get the idea about the profit and loss.
- Unemployment Rate:The employment rate is calculated by the no of working people in the country. Apart from that all not working which is known as unemployed. With the help of working people number, we can get the percentage of unemployment in a country. After getting the result with the help of microeconomics, many different countries government are starting the various job programs for the unemployed people. So that they can get a chance to earn the money and make their life easy.
- Inflation Rate: It is a way to get the exact number of average price level which is purely based on the price index. All the inflation rate is calculated by the number of consumer price index because this index shows the actual price that consumer pays. Increasing CPI defines the existence of Inflation in the price. With the help of microeconomics assignment, we get the accurate number and get the complete benefits.
- Interest Rate: According to the microeconomics calculations, we get the information about the interest. This is the amount which we need to pay when we take the amount from the bank. All the interest rate is completely depending on the market survey as well as on the amount. For examples some person wants to buy the car then they need to pay the different amount in the form of interest and some wants to buy a home then the interest rate is different. The calculation is completely based on the type of the loan amount and loan type.
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