Macroeconomic



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

noun, (used with a singular verb)
1.
the branch of dealing with the broad and general aspects of an economy, as the relationship between the income and investments of a country as a whole.
/ˌmækrəʊˌiːkəˈnɒmɪks; -ˌɛk-/
noun
1.
(functioning as sing) the branch of economics concerned with aggregates, such as national income, consumption, and investment Compare microeconomics
adj.

also macro-economic, 1938, from macro- + economic.
n.

also macro-economics, 1948, from macroeconomic; also see -ics.

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

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