Macroeconomic: meaning, definitions and examples
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macroeconomic
[ ˌmakrəʊɪkəˈnɒmɪk ]
economic analysis
Relating to or affecting the whole economy or a large part of it. Macroeconomic factors include inflation, unemployment, and economic growth.
Synonyms
Examples of usage
- The government is implementing macroeconomic policies to stimulate economic growth.
- Macroeconomic indicators suggest a slowdown in the economy.
economics
The branch of economics that deals with the structure, behavior, and performance of an economy as a whole. It focuses on large-scale economic factors such as interest rates, GDP, and national productivity.
Synonyms
economic analysis, macroeconomy, national economy
Examples of usage
- Macroeconomic theory explores how changes in the overall economy impact businesses and individuals.
- Studying macroeconomics helps policymakers understand the effects of their decisions on the economy.
Translations
Translations of the word "macroeconomic" in other languages:
🇵🇹 macroeconômico
🇮🇳 मैक्रोइकोनॉमिक
🇩🇪 makroökonomisch
🇮🇩 makroekonomi
🇺🇦 макроекономічний
🇵🇱 makroekonomiczny
🇯🇵 マクロ経済的
🇫🇷 macroéconomique
🇪🇸 macroeconómico
🇹🇷 makroekonomik
🇰🇷 거시 경제의
🇸🇦 اقتصادي كلي
🇨🇿 makroekonomický
🇸🇰 makroekonomický
🇨🇳 宏观经济
🇸🇮 makroekonomski
🇮🇸 hagkerfisfræðilegur
🇰🇿 макроэкономикалық
🇬🇪 მაკროეკონომიკური
🇦🇿 makroiqtisadi
🇲🇽 macroeconómico
Word origin
The term 'macroeconomic' was first introduced by Ragnar Frisch in the 1930s as a way to distinguish the study of aggregate economic activity from microeconomics, which focuses on individual markets and actors. Macroeconomics has since become a fundamental field in economics, essential for understanding and managing the overall performance of economies.