What are the four most important macroeconomic goals?

Central banks in almost every country aim to achieve macroeconomic goals so as to ensure long term stable economic success. They are listed and explained below:

1) Non inflationary growth:Economic growth is achieved by increasing the economy's ability to produce goods and services.The objective of the central bank and government is to ensure economic growth without an increase in the rate of inflation.

2)Low unemployment or full employment :Full employment is achieved when all available resources namely -labor, capital, land, and entrepreneurship are used in the production of goods and services.Having a lower rate of unemployment implies that the economy is more productive.

3)Price Stability: Inflation occurs when there is an increases in the general price level of goods and services. One of the main objectives is to avoid business cycles- booms and recessions so as to maintain stability in prices as well as production and employment

4)Equitable distribution of income : It aims to reduce the gap between the higher income and lower income groups.

5) Balance of payments equilibrium and exchange rate stability: Countries aim to ensure balanced flow of goods, services and assets into and out of the country as it helps in maintaining stability in international monetary reserves