macroeconomics(redirected from Macroeconomic theory)
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Related to Macroeconomic theory: Microeconomic theory
n. (used with a sing. verb)
The study of the overall aspects and workings of a national economy, such as income, output, and the interrelationship among diverse economic sectors.
mac′ro·e·con′o·mist (-ĭ-kŏn′ə-mĭst) n.
(Economics) (functioning as singular) the branch of economics concerned with aggregates, such as national income, consumption, and investment. Compare microeconomics
mac•ro•ec•o•nom•ics(ˌmæk roʊˌɛk əˈnɒm ɪks, -ˌi kə-)
n. (used with a sing. v.)
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.
mac`ro•e•con′o•mist (-ɪˈkɒn ə mɪst) n.
the division of economics dealing with broad, general aspects of an economy, as the import-export balance of a nation as a whole. Cf. microeconomics. — macroeconomist, n. — macroeconomic, adj.See also: Economics
That branch of economics which studies the economy as a whole, e.g. the level of output, the level of employment, the level of inflation.
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|Noun||1.||macroeconomics - the branch of economics that studies the overall working of a national economy|