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What are macros? what are its advantages and disadvantages?
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Macroecon is the study of the overall market place including the roles played by government regulations and international trade. Macroecon is awesome because it allows you to critically analyze the ...
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User: What are macros? what are its advantages and disadvantages?

Weegy: Macroecon is the study of the overall market place including the roles played by government regulations and international trade. Macroecon is awesome because it allows you to critically analyze the overall performance of a market structure. [ The government and national banks use macroeconomics to predict the effects of implementing new monetary and fiscal policies. GDP and GNP are important economic indicators that are also studied under macroeconomics. As you advance in macroeconomics, you will learn how to draw the most aesthetically pleasing graphs - they not only look pretty, but allow you to predict the outcomes of certain variables on the economy. Macroeconomics is relavent - the hyperinflation in Zimbabwe, the soaring CDN dollar, last week's bank run in Britain - macroeconomics will help you to understand the variables behind these *thrilling* news stories! It's disadvantage is that you're unable to study the economy on a smaller level - such as firms (monopolistic, perfectly competative, oligopolies, monopsonies and monopolies...). You also don't focus on consumer preferences...these are key components in the grand scheme of macroeconomics. (it's not really a disadvantage...that's why there is microeconomics). The other disadvantage with macroeconomics is that we do not have a crystal ball for economists to tell us precise outcomes. (ie: with CDN dollar being so high, the bank of canada raised it's overnight rate - this creates a cascade that ultimately *should* devalue the dollar against the USD...but it may be completely ineffective, or be countered by another variable....or it could be too effective and the CDN dollar comes crashing down). Economics is a science that improves with trial and error - Germany learned the hard way that printing out a lot of money to finance debt doesn't work. http://answers.yahoo.com/question/?qid=20071004210516AAhS8cA ]
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User: What are macros in C languge? what are its advantages and disadvantages?

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