Branches of Economy - Micro Vs. Macro

Do you like it when the prices of the items you commonly purchase go up in price? Well I'm guessing that you don't like increasing prices, especially if you really need to buy the item that went up. But why did the price go up? Was the demand greater than that of the supply? Did an unknown countries economy affect the price of the item? These are all questions we need to answer through Macroeconomics. So what is Macroeconomics? Macroeconomics is the study of the behavior of the economy as a whole. There are many different factors that influence it. These factors can be figured by indicators that tell us about the health of the economy. Macroeconomics help forecast the conditions of the economy so we can make better consumer choices. Macroeconomics focuses on three primary things; national output, unemployment, and inflation. National output refers to the total amount of goods and services a country produces; this is commonly known as the gross domestic product. This is like a big picture of the economy at a certain point in time. The unemployment rate tells how many people are unable to find work. When production is up, the work force increases. The last is inflation. This is the rate at which prices rise for the goods and services. Many people use Macroeconomics. Consumers want to know how easy it will be to find work, and how much it will cost to buy goods and services in the market. Businesses use it to determine if expanding production will be welcomed by the market and if consumers will have enough money to by the products. Governments also use this when budgeting spending, creating taxes, and deciding interest rates.