An aggregate is a multitude of economic subjects that share some common features. ADVERTISEMENTS: To explain the approach and content of macroeconomics, ‘word macro is derived from the Greek word makros meaning ‘large ‘and therefore macroeconomic is concerned with the economic activity in the large. Microeconomics (from Greek prefix mikro-meaning "small" + economics) is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce … Macroeconomics definition is - a study of economics in terms of whole systems especially with reference to general levels of output and income and to the interrelations among sectors of the … Macroeconomic Factor: A macroeconomic factor is a factor that is pertinent to a broad economy at the regional or national level and affects a large population rather than a few select … economic analysis definition: 1. a study of an economy or group of economies, or these types of studies in general: 2. a study…. Learn more. Micro and Macro Analysis: In recent years, the subject matter of economics is divided into two broad areas. Microeconomics is the study of individuals, households and firms' behavior in decision making and allocation of resources. A macroeconomic model is an analytical tool designed to describe the operation of the problems of economy of a country or a region. It is a broader term that can mean … In recent years, division of economic … These models are usually designed to examine the comparative … Macroeconomic analyses the behaviour of the whole economic system in totality or entirety. more Financial Analysis Definition Definition: An economic analysis is a process followed by experts to understand how key economic factors affect the functioning of an organization, industry, region or any other particular population group, with the purpose of making wiser decisions for the future. By contrast, microeconomics treats economic … 1 Macroeconomics Macroeconomics (Greek makro = ‘big’) describes and explains economic processes that concern aggregates. The first word, economic, refers to an economy. In other words, macroeconomic … Before we delve further into the meaning of economic trend, let's first gain an understanding of its individual parts. Sector analysis helps investors assess the economic and financial prospects of a sector of the economy to identify potentially profitable investments. It generally applies to markets of goods and services and deals with individual and economic … One of them is called Microeconomics and the other is called Macroeconomics.These two terms microeconomics and macroeconomics were first coined and used by Ranger Frisco in 1933. Economic Trend Defined.
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