Impact of Macroeconomics on the Housing Industry Essay -- Macroeconomi

To better understand the real rival macroeconomics has in an sparing or a particular industry, it is better to define what macroeconomics is and what it attempts to study. Contrary from microeconomics which studies the impact that individuals or companies have in a local economy, macroeconomics focuses on the behavior of the economy or industries as a whole, in a content or global perspective. (Investopedia.com, 2015)However, microeconomics and macroeconomics are interdependent and complement each other. Because of the net relationship that these factors have on each other, what happens in one ends up affecting the other and vise versa. Macroeconomics study changes that affect such things as unemployment, national income, consecrate of growth, price levels, inflation, demand and disposable income. (Investopedia.com, 2015)Furthermore, knowing any of the factors that are affected by macroeconomics, it is only wise to say that in my chosen industry, which is the hou sing industry, macroeconomics affects it when there is a change in the rate of growth, price level cha...