Macroeconomic Policy: Overview The macroeconomic policy can be executed by either government(ministry of finance) or central bank The direct effect of macroeconomic policy is to change aggregate demand. Therefore the policies are often named the demand management policy 22Macroeconomic Policy: Overview • The macroeconomic policy can be executed by either government (ministry of finance) or central bank • The direct effect of macroeconomic policy is to change aggregate demand. Therefore the policies are often named “the demand management policy