Macroeconomy: meaning, definitions and examples
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macroeconomy
[ ˌmæk.rəʊ.ɪˈkɒn.ə.mi ]
study of large-scale economic factors
Macroeconomy refers to the overall performance of a country's economy as a whole, focusing on factors such as inflation, unemployment, economic growth, and national income. It is concerned with the aggregate outcomes of economic activities.
Synonyms
macroeconomic conditions, national economy
Examples of usage
- The government is closely monitoring the macroeconomy to ensure stable economic growth.
- Macroeconomy analysis suggests that the country is heading towards a recession.
- Policy decisions are often made based on the current state of the macroeconomy.
Translations
Translations of the word "macroeconomy" in other languages:
🇵🇹 macroeconomia
🇮🇳 मैक्रोइकोनॉमी
🇩🇪 Makroökonomie
🇮🇩 makroekonomi
🇺🇦 макроекономіка
🇵🇱 makroekonomia
🇯🇵 マクロ経済学
🇫🇷 macroéconomie
🇪🇸 macroeconomía
🇹🇷 makroekonomi
🇰🇷 거시경제학
🇸🇦 الاقتصاد الكلي
🇨🇿 makroekonomie
🇸🇰 makroekonómia
🇨🇳 宏观经济学
🇸🇮 makroekonomija
🇮🇸 makróeðlisfræði
🇰🇿 макроэкономика
🇬🇪 მაკროეკონომიკა
🇦🇿 makroiqtisadiyyat
🇲🇽 macroeconomía
Etymology
The term 'macroeconomy' originated in the mid-20th century as a way to describe the broader economic context in which individual economic decisions take place. It gained prominence as economists sought to understand the interactions and interdependencies of various economic sectors within a country. The study of macroeconomy has since become a crucial aspect of economic analysis and policymaking.
See also: economic, economical, economics, economizer.