macroeconomics

[mak-roh-ek-uh-nom-iks, -ee-kuh-] /ˌmæk roʊˌɛk əˈnɒm ɪks, -ˌi kə-/

noun, (used with a singular verb)

the branch of economics dealing with the broad and general aspects of an economy, as the relationship between the income and investments of a country as a whole.

Compare microeconomics.

Origin

1945-50; macro- + economics

Related forms

macroeconomic, adjective

macroeconomist

[mak-roh-i-kon-uh-mist] /ˌmæk roʊ ɪˈkɒn ə mɪst/ (Show IPA), noun

Examples from the web for macroeconomic

Despite the strong macroeconomic performance, underemployment and poverty have stayed persistently high.
Your personal preferences should not be the basis for macroeconomic policy.
The macroeconomic side involves some of the company's seemingly altruistic behavior, which often baffles observers.
There is no empirical link between macroeconomic performance and the top marginal rate on the wealthy.
Looking at the evidence, whether empirical studies or detailed macroeconomic simulations, the case for tax preferences is weak.
Today, some economists continue to study the relationship between innovation and growth in an overarching, macroeconomic way.
But there is no doubt that the macroeconomic picture is solid and healthy.
But it would reduce the macroeconomic costs of fiscal austerity.
macroeconomic theory suggests that the economies of ageing populations are likely to grow more slowly than those of younger ones.
The macroeconomic crisis of the past two years is also provoking a crisis of confidence in macroeconomics.

British Dictionary definitions for macroeconomic

macroeconomics

/ˌmækrəʊˌiːkəˈnɒmɪks; -ˌɛk-/

noun

(functioning as sing) the branch of economics concerned with aggregates, such as national income, consumption, and investment Compare microeconomics

Derived Forms

macroeconomic, adjective

Word Origin and History for macroeconomic

adj.

also macro-economic, 1938, from macro- + economic.

macroeconomics

also macro-economics, 1948, from macroeconomic; also see -ics.

macroeconomic in Culture

macroeconomics definition

The part of economic theory that deals with aggregates, such as national income, total employment, and total consumption. (Compare microeconomics.)