Macroeconomics Assignment Help Online-A Detailed Guide

Macroeconomics is a branch of economics that deals with the behaviour of aggregates of economic variables, including output, inflation, unemployment, and money supply. It also deals with the interrelations among these variables and their effects on the economy as a whole. Macroeconomic theory typically begins with the assumption that all individuals in an economy are rational and seeking to maximize their utility.
 
There are a number of different schools of thought in macroeconomics, each with its own unique approach to the subject. The most well-known are Keynesian economics, monetarism, and new classical economics.
 
Keynesian economics is named after British economist John Maynard Keynes, who pioneered the field of macroeconomics. Keynesian economics focuses on the role of aggregate demand in the economy and argues that governments can stabilise economies by using fiscal and monetary policy to influence aggregate demand.
 
Monetarism is a school of thought that emphasises the role of money in the economy. Monetarists believe that money supply has a major impact on economic activity and that the main aim of monetary policy should be to maintain price stability.
 
New classical economics is a school of thought that emerged in the 1970s in response to Keynesian economics. New classical economists believe that markets are efficient and that individuals always act in their own best interests. They argue that government intervention in the economy is unnecessary and can actually be harmful.
 
Macroeconomics is a complex subject, and there is a lot of debate among economists about the best way to approach it. As a result, macroeconomics can be quite confusing for students who are trying to understand it.
 
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