mac·ro·ec·o·nom·ics

[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.
Compare microeconomics.


Origin:
1945–50; macro- + economics

mac·ro·ec·o·nom·ic, adjective
mac·ro·e·con·o·mist [mak-roh-i-kon-uh-mist] , noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source Link To macroeconomics
Collins
World English Dictionary
macroeconomics (ˌmækrəʊˌiːkəˈnɒmɪks, -ˌɛk-) [Click for IPA pronunciation guide]
 
n
(functioning as singular) Compare microeconomics the branch of economics concerned with aggregates, such as national income, consumption, and investment
 
macroeco'nomic
 
adj

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
00:10
Macroeconomics has a plethora of syllables.
So is floccinaucinihilipilification. Does it mean:
an obscure term ostensibly referring to a lung disease caused by silica dust, sometimes cited as one of the longest words in the English language.
the estimation of something as valueless (encountered mainly as an example of one of the longest words in the English language).
American Heritage
Cultural Dictionary

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.
Cite This Source
Example sentences
That's why the study of economics is separated into micro- and macroeconomics.
The fault of the macroeconomics profession was not so much rational
  expectations, which is a convenient and useful device.
Some say macroeconomics is confused, but micro is fine.
More seriously, there is a science of macroeconomics emerging.
Related Words
Copyright © 2013 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature
FAVORITES
RECENT