NCERT Solutions for Class 12 Economics Chapter 1 Introduction

Macroeconomics is a branch of economics that deals with the structure, behaviour, decision-making, and performance of an economy as a whole. Macroeconomics is a branch of economics that studies how an overall economy—the market systems that operate on a large scale—behaves. Macroeconomics studies economy-wide phenomena such as inflation, price levels, rate of economic growth, national income, gross domestic product (GDP), and changes in unemployment.