macroeconomics

[ mak-roh-ek-uh-nom-iks, -ee-kuh- ]
/ ˌmæk roʊˌɛk əˈnɒm ɪks, -ˌi kə- /

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.

Origin of macroeconomics

First recorded in 1945–50; macro- + economics

Related forms

mac·ro·ec·o·nom·ic, adjectivemac·ro·e·con·o·mist [mak-roh-i-kon-uh-mist] /ˌmæk roʊ ɪˈkɒn ə mɪst/, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

British Dictionary definitions for macroeconomics

macroeconomics

/ (ˌmækrəʊˌiːkəˈnɒmɪks, -ˌɛk-) /

noun

(functioning as singular) the branch of economics concerned with aggregates, such as national income, consumption, and investmentCompare 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

Culture definitions for macroeconomics

macroeconomics


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

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.