Macroeconomics focuses on the behavior of the economy as a whole. It examines aggregate variables such as gross domestic ...

For IAS aspirants it is very important to have basic concepts of each and every subject of IAS Syllabus. During IAS Preparation, first of the aspirants should give time on to clear the basic concepts.

Basic concepts of Macroeconomics, Circular flow of income (two sector model); Methods of Calculating National Income - Value Added or Product Method, Expenditure Method, Income Method. Factor cost, ...