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macroeconomics
[ mak-roh-ek-uh-nom-iks, -ee-kuh- ]
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.
macroeconomics
/ -ˌɛk-; ˌmækrəʊˌiːkəˈnɒmɪks /
noun
- See microeconomicsfunctioning as singular the branch of economics concerned with aggregates, such as national income, consumption, and investment Compare microeconomics
macroeconomics
- The part of economic theory that deals with aggregates, such as national income , total employment, and total consumption. ( Compare microeconomics .)
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Derived Forms
- ˌmacroˌecoˈnomic, adjective
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Other Words From
- macro·eco·nomic adjective
- mac·ro·e·con·o·mist [mak-roh-i-, kon, -, uh, -mist], noun
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Word History and Origins
Origin of macroeconomics1
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