Components of India’s Macroeconomic Environment (With Conclusion)

The following points highlight the four main components of India’s macroeconomic environment. The components are: 1. Economic System 2. Anatomy and Functioning of the Economy 3. National Economic Planning 4. Economic Policy Instruments. Component # 1. Economic System: Economic activities are not uniform all over the world. Each economy has its own institutions, laws, rules and regulations that influence what [...]