Impact of Macroeconomics on the Housing Industry Essay -- Macroeconomi

To better understand the real equal macroeconomics has in an providence 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 behaviour of the economy or industries as a whole, in a depicted object or global perspective. (Investopedia.com, 2015)However, microeconomics and macroeconomics are interdependent and complement each other. Because of the final 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, lay out of growth, price levels, inflation, demand and disposable income. (Investopedia.com, 2015)Furthermore, knowing all of the factors that are affected by macroeconomics, it is only wise to say that in my chosen industry, which is the housing industry, macroeconomics affects it when there is a change in the rate of growth, price level cha...