Roles of Macroeconomists

Macroeconomists use their skills, knowledge and expertise to study the pattern of economy in a country. They perform the following:

  • Forecasting the economy and propose the appropriate fiscal and monetary policy to a country based on the projection made
  • Analysis on the performance of a country in terms of its employability, stability of price level as well as economic growth
  • Research on the possible factors to dampen or accelerate the growth of a country
  • Developing and testing economic theories used by economists in conducting the analysis, forecasting etc.
  • Collecting economic data of a country for analysis and policies development purpose.

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