Macroeconomists study aggregated indicators such as GDP, unemployment rates, national income, price indices, and the interrelations among the different sectors of the economy to better understand how the whole economy functions. They also develop models that explain the relationship between such factors as national income, output, consumption, unemployment, inflation, savings, investment, international trade, and international finance.
Macroeconomics – David Colander – 7th Edition
This new edition continues to teach students the basics of macroeconomics in a user-friendly style. It has been updated to…