1)What is macroeconomics' subject matter?

2)Is it possible to achieve all the four objectives of macroeconomics at the same time?

3)What are the 5 macroeconomic objectives and examples?

1)The macroeconomics deals with the forces of market demand and market supply and their interaction in a given economy or across economies.

The interaction between these forces is influenced by factors such as level of employment or unemployment, interest rates, inflation, gross domestic product etc.

The price at which the market demand is equal to the market supply is called as the equilibrium price point. There is an auto-adjusting mechanism which causes the prices to get back to the equilibrium point even if there is a change in the market demand or market supply.

2)

• Sustainable economic growth. This is the economic aim to maintain a gradual in gross domestic production.
• Balance of payment. The objective aims to strike an equilibrium in export and imports value in a country.
• Low inflation. The objective purpose is to have inflation below 2%.
• Full employment. The objective aims at attaining absorption of the labor force in employment.

A strong export sector that is well diversified can manage to employ a good portion of the labour force and maintain good payment. This will create demand for imports of the goods not locally produced while keeping unemployment at low levels. This would create a vibrant economic environment with a high level of production which means increasing economic growth as a result of increasing GDP. If the GDP growth is sustained, it means the economy can absorb the labor force as the population provides. The government can then control inflation with interest rates to balance it against growing GDP.

It is possible to achieve all the four objectives of macroeconomics at the same time. However, it is difficult to balance them at equilibrium all the time.

3)

The 5 objectives of microeconomics are:

• Full employment. The country aims at achieving the maximum number of workers engaged in employment from the available labor force in the country. The economy is more productive, with low rates of unemployment. Examples if a country can maintain the unemployment rate below 4%, the full employment objective is considered achieved.
• Low inflation. To achieve an economic environment where spenders and investors are free to plan for their expenditure is an objective of a country's economy. This is attained by maintaining low and sustainable inflation. For instance, the USA aims to maintain an inflation rate of below 2%.
• Fair distribution of income: the government wishes that wealth is equitably distributed within the economy. For instance, efforts by the government to of shrink the gap between the rich and the poor by enhancing equitable distribution of income.
• Balance of payment. This is an objective where the government aims to balance surplus and deficit in payments. For instance, a country trying not to have exports more than imports and imports more than exports.
• Sustainable economic growth. Any country aims to gain an increase in economic growth with no increase in inflation. For example, the efforts that the USA makes to increase and sustainably maintain the GDP.