Macroeconomic: meaning, definitions and examples

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macroeconomic

 

[ ˌmakrəʊɪkəˈnɒmɪk ]

Adjective / Noun
Context #1 | Adjective

economic analysis

Relating to or affecting the whole economy or a large part of it. Macroeconomic factors include inflation, unemployment, and economic growth.

Synonyms

economic, financial, monetary

Examples of usage

  • The government is implementing macroeconomic policies to stimulate economic growth.
  • Macroeconomic indicators suggest a slowdown in the economy.
Context #2 | Noun

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

Etymology

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.

Word Frequency Rank

At position #12,786, this word is part of sophisticated English vocabulary. It's useful for academic or professional contexts where precise language is needed.