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