The concept of macroeconomic equilibrium is one of the key concepts in macroeconomics. Without it, it is impossible to analyze other global problems of the state's economic development.
In general terms, macroeconomic equilibrium is the balance of all the main components of the economy. In this state, not a single economic entity has the motivation to change the current state of affairs. This means that absolute proportionality is achieved between resources and their use, supply and demand, consumption and production, financial and material material flows.
In a market economy, this concept is considered as a balance between the production of goods and services and the real demand for them. That is, the goods are produced exactly as much as they are willing to buy.
There are partial and general equilibrium. With partial equilibrium, proportionality is achieved in specific sectoral markets that are part of the system of the national economy. General equilibrium implies that all national markets have an interconnected equilibrium. When general macroeconomic equilibrium is achieved, the needs of the subjects are fully satisfied.
Also, macroeconomic equilibrium can be real and ideal (theoretically desirable), stable and unstable, short-term and long-term.
