ELI5: Explain Like I'm 5

macro economics

Macroeconomics is a way of looking at the economy as a whole. It is the study of things like how much money people have, what they spend it on, and how it affects the country. Macroeconomics looks at big issues like: unemployment, inflation, and the balance between different countries trading with each other. It tries to show how these things affect people, businesses, and the government. Macroeconomics is like a map that helps us find what's happening in the economy and what policies might help us get to our destination.