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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
1945-1950
1945-50; macro- + economics
Related forms
macroeconomic, adjective
macroeconomist
[mak-roh-i-kon-uh-mist] /ˌmæk roʊ ɪˈkɒn ə mɪst/ (Show IPA),
noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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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
1.
(functioning as sing) the branch of economics concerned with aggregates, such as national income, consumption, and investment Compare microeconomics
Derived Forms
macroeconomic, adjective
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for macroeconomic
adj.

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

macroeconomics

n.

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

Online Etymology Dictionary, © 2010 Douglas Harper
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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.)

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Difficulty index for macroeconomics

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Word Value for macroeconomic

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