Answer :
Policies to create jobs in the nation are the concern of macroeconomics.
- Macroeconomics focuses on issues that affect the entire economy, such as unemployment, inflation, and growth in the standard of living.
- It looks at how various policies, including fiscal and monetary policies, can be used to address these broad economic goals.
- Specifically, government spending, taxes, and regulations are important tools used in macroeconomic policy to influence job creation and overall economic activity.
- Microeconomics, on the other hand, concentrates on individual agents within the economy, such as households and businesses.
- While it looks at how these units make decisions and what consequences arise from these decisions, it does not deal primarily with overarching policies designed to create jobs.
