1. How is the objective of macroeconomics?
Based on the exposed by Universidad Militar Nueva Granada (Sf), it can be said that its
objective is to analyze the behavior of the economy to large scale, this refers to the global
study of the variables that occur in the total amount of goods and services obtained; the
levels of employment, production and price levels in the decentralized economic system. In
summary, it can be said that macroeconomics seek to explain the economy as a whole,
emphasizing the great aspects of the economy.
2. What are the variables that macroeconomics contemplates for the study of
economic behavior?
To study the behavior of the economy, macroeconomics uses important and determining
variables, such as: Gross Domestic Product GDP, Foreign Trade, Balance of Payments,
Inflation, Employment Rate, Exchange Rate; since it seeks to increase GDP, balance the
balance of payments, achieve price level stability and reduce the unemployment rate, etc
(Universidad Militar Nueva Granada, Sf).
3. What is the interrelation of macroeconomic variables, such as employment,
inflation, foreign trade, gross domestic product, among others?
Based on the exposed by Universidad Militar Nueva Granada (Sf), It can be said that
these variables keep a high degree of relationship; since the behavior of others depends
heavily on the proper functioning of one. For example, as long as a family has considerable
monetary income necessary to meet primary needs, consumption automatically increases;
which translates into stimulation of demand, also making it increase the supply of
companies; which ultimately generates an increase in economic activity and automatically
in GDP, generating jobs. Thus, this economic growth generates surpluses of both goods and
services; This provokes price stability at the local level, as well as growth and volume of
exports, which generates better living conditions for the population.
4. What is the relationship between national accounts and macroeconomics?
Based on what was stated by Universidad Militar Nueva Granada (Sf), it can be said
that the national accounts corresponds to a quantitative compilation, which seeks to provide
information and quantify the relationship or the interdependence that exists between the
