1.Fundamentals of Macro Economy.

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 Economics=Economics is the study of how societies use scarce resources to produce valuable goods and

services and distribute them among different individuals. 

Economics is divided into two major subfields,       *  Microeconomics.  and *Macroeconomics.


                       Microeconomics.

 Microeconomics is the study of decisions that people and businesses (individual economic agents) make regarding the allocation of resources and prices of goods and services. For example, the study of what mix of products an individual purchase with a given amount of money is part of microeconomic study. 

Microeconomics would look at how a particular company whether small or big can maximize its production and capacity so that it can lower prices and better compete with its competitors in its industry.


            Macroeconomics.

   :  Macroeconomics is the study of the national economy as a whole. 

{.}. Macroeconomics examines a wide variety of areas such


as how total investment and consumption in the economy are determined, how central banks manage money and interest rates, what causes international financial crises, how an increase/ decrease in net exports would affect a nation's capital account and why some nations grow rapidly while others stagnant.


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