Ekonomikos Špera. What is Economics ? Limited Resources. Types of Commodity.
Macroeconomics looks at aggregates (totals) so it looks at things like average unemployment, total imports and exports, etc.
What is the GDP compared to other countries, how does the BOP compare, why is inflation rising/falling? - (Firms operate in a wider economic climate and so this is also important)
Normative means opinions - like is the rate of unemployment too high, is it the governments responsibility.
Economics only concerns itself (in any great way) with those things that people a) have a choice over and b) are scarce.
Choice because without choice there is no decision and without decisions the answer is forgone.