Description
The economic field that studies the performance and behaviour of all the sectors of an economy aggregated. This field evaluates the financial performance of a country and considers indicator such as gross domestic product (GDP), price levels, unemployment rates, and inflation.
Alternative labels
national, regional and global economics
macro-economics
Skill type
knowledge
Skill reusability level
occupation-specific
Relationships with occupations
Essential knowledge
Macroeconomics is an essential knowledge of the following occupations:
Financial analyst:
Financial analysts conduct economic research and elicit valuable analyses on financial matters such as profitability, liquidity, solvency, and asset management. They provide recommendations on financial matters for decision-making processes. Financial analysts work in both the public and the private sector.
Optional knowledge
Macroeconomics is optional for these occupations. This means knowing this knowledge may be an asset for career advancement if you are in one of these occupations.
References
- Macroeconomics – ESCO