macroeconomics

American  

[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.

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macroeconomics British  

/ -ˌɛk-, ˌmækrəʊˌiːkəˈnɒmɪks /

noun

1. (functioning as singular) the branch of economics concerned with aggregates, such as national income, consumption, and investment Compare microeconomics

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macroeconomics Cultural  

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

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Other Word Forms

• macroeconomic adjective
• macroeconomist noun

Etymology

Origin of macroeconomics

First recorded in 1945–50; macro- + economics

Compare meaning

How does macroeconomics compare to similar and commonly confused words? Explore the most common comparisons:

• macroeconomics vs. microeconomics

Example Sentences

He was seen as an economist who enjoyed trading more than macroeconomics, the person said.

From The Wall Street Journal

Stephen Millard, deputy director for macroeconomics at Niesr, said Reeves "will need to either raise taxes or reduce spending or both in the October Budget if she is to meet her fiscal rules".

From BBC

The first collaboration in science, involving authors in macroeconomics, supply chain research, and statistics, now aims to establish a foundation.

From Science Daily

The secretary’s talks are expected to include discussion of macroeconomics, climate change and debt in the developing world.

From Washington Times

The scripts touch on all sorts of systemic forces, from the workers left out of the New Deal to the macroeconomics of the decline of the middle class.

From New York Times