2 Why learn macroeconomics? 1.The macroeconomy affects society's well-being. example: Unemployment and social problems 2.The macroeconomy affects your well-being. ■example1: Unemployment and earnings growth 。example2: Interest rates and mortgage payments CHAPTER 1 The Science of Macroeconomics slide 9 CHAPTER 1 The Science of Macroeconomics slide 9 Why learn macroeconomics? 1. The macroeconomy affects society’s well-being. ▪ example: Unemployment and social problems 2. The macroeconomy affects your well-being. ▪ example 1: Unemployment and earnings growth ▪ example 2: Interest rates and mortgage payments 2