macroeconomics

[mak-roh-ek-uh-nom-iks, -ee-kuh-] /ˌmæk roʊˌɛk əˈnɒm ɪks, -ˌi kə-/
noun, (used with a singular verb)
1.
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 macroeconomics
  • More seriously, there is a science of macroeconomics emerging.
  • That's why the study of economics is separated into micro- and macroeconomics.
  • The proper subject for investment is macroeconomics.
  • Some say macroeconomics is confused, but micro is fine.
  • We seek candidates with a specialization in macroeconomics.
  • Individuals with an interest in teaching macroeconomics and econometrics at the graduate level are preferred.
  • The fault of the macroeconomics profession was not so much rational expectations, which is a convenient and useful device.
  • He plans to nominate someone with a background in macroeconomics, another in markets, and a third in regulation.
  • Abstract arguments about macroeconomics are unlikely to mollify motorists cross about the cost of filling up their tanks.
British Dictionary definitions for macroeconomics

macroeconomics

/ˌmækrəʊˌiːkəˈnɒmɪks; -ˌɛk-/
noun
1.
(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 macroeconomics
n.

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

macroeconomics in Culture

macroeconomics definition


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