The Data of Macroeconomics
Macroeconomics is the branch of economics which studies the well-being of the economy as a whole. This is achieved through analysis of economic aggregates such as national income, output, and employment that are measured on a national or international level, and by examining the interactions between the economy as a whole and political entities such as governments, political parties, interest groups, and international organizations. Macroeconomics is the study of economic growth and development, and its main objective is to analyze trends and interactions within an economy as a whole, such as between aggregate outputs and inputs, prices, employment, and international trade. Macroeconomic analysis can be applied to the level of an individual industry or business, as well as to an entire economy.