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.
Compare microeconomics.


Origin:
1945–50; macro- + economics

macroeconomic, adjective
macroeconomist [mak-roh-i-kon-uh-mist] , noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To macroeconomics
Collins
World English Dictionary
macroeconomics (ˌmækrəʊˌiːkəˈnɒmɪks, -ˌɛk-)
 
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
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
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.
Related Words
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature