Macroeconomic policy refers to the strategies and actions taken by a government or central bank to influence a country's economy as a whole. This includes managing factors like inflation, unemployment, and economic growth. The two main types of macroeconomic policy are monetary policy, which involves controlling the money supply and interest rates, and fiscal policy, which involves government spending and taxation decisions. The goal of macroeconomic policy is to create a stable economic environment that promotes growth and reduces economic fluctuations. By adjusting these policies, governments aim to achieve objectives such as full employment, price stability, and sustainable economic development, ultimately improving the overall well-being of the population.