macroeconomics

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Related to Macroeconomic theory: Microeconomic theory

mac·ro·ec·o·nom·ics

 (măk′rō-ĕk′ə-nŏm′ĭks, -ē′kə-)
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·ec′o·nom′ic adj.
mac′ro·e·con′o·mist (-ĭ-kŏn′ə-mĭst) n.

macroeconomics

(ˌmækrəʊˌiːkəˈnɒmɪks; -ˌɛk-)
n
(Economics) (functioning as singular) the branch of economics concerned with aggregates, such as national income, consumption, and investment. Compare microeconomics
ˌmacroˌecoˈnomic adj

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.
[1945–50]
mac`ro•ec`o•nom′ic, adj.
mac`ro•e•con′o•mist (-ɪˈkɒn ə mɪst) n.

macroeconomics

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

macroeconomics

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.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.macroeconomics - the branch of economics that studies the overall working of a national economymacroeconomics - the branch of economics that studies the overall working of a national economy
economic science, economics, political economy - the branch of social science that deals with the production and distribution and consumption of goods and services and their management
Translations
makroekonomie

macroeconomics

[ˌmækrəʊˌiːkəˈnɒmɪks] NSINGmacroeconomía f

macroeconomics

macro-economics [ˌmækrəʊiːkəˈnɒmɪks] nmacro-économie f

macroeconomics

n sing or plMakroökonomie f

macroeconomics

[ˌmækrəʊˌiːkəˈnɒmɪks] nsgmacroeconomia
References in periodicals archive ?
He teaches classes in the economics of the food industry, microeconomic theory, and macroeconomic theory and policy.
That pioneering research forms the basis of a whole branch of macroeconomic theory to this day.
Its clear reluctance to do so can be explained not by macroeconomic theory but by public opinion and, ultimately, congressional pressure.
"The Ordinary Economics of an Extraordinary Crisis." In Macroeconomic Theory and Its Failings: Alternative Perspectives on the World Financial Crisis, ed.
Some FOMC members eschewed macroeconomic theory altogether.
Astor's approach to asset allocation is driven by macroeconomic theory, utilizing a broad range of asset classes with low correlation to the broader market.
Both experience and macroeconomic theory indicate what to expect.
(2) Textbook macroeconomic theory predicts a positive relationship between productivity and real interest rates, implying that a lower trend in productivity growth will lead to persistently lower real interest rates.
Keynes publishes the General Theory of Employment, Interest, & Money (commonly known as The General Theory): a magnum opus that defines macroeconomic theory.
Among the topics are the role and method of economics, the economic way of thinking, using supply and demand, market failure and public choice, production and costs, firms in perfectly competitive markets, monopolistic competition and oligopoly, economic growth, economic growth, aggregate demand and aggregate supply, fiscal policy, monetary institutions, the Federal Reserve and monetary policy, issues in macroeconomic theory and policy, and international economics.
It is well established in macroeconomic theory that domestic inflation, ceteris paribus, relates to home currency depreciation.
Before the 2008 crisis, macroeconomic theory and central bank practice regarded low and stable inflation to be a policy objective that was sufficient to ensure macroeconomic and financial stability.