Macroeconomics

//ˌmæk.ɹoʊˌiː.kəˈnɒ.mɪks// noun

noun ·Rare ·Advanced level

Definitions

Noun
  1. 1
    The study of the entire economy in terms of the total amount of goods and services produced, total income earned, the level of employment of productive resources, and the general behavior of prices. uncountable
  2. 2
    the branch of economics that studies the overall working of a national economy wordnet

Example

More examples

"I was expecting to tutor biology or chemistry, but the coordinator asked me to do macroeconomics and digital media because they were short of tutors there."

Etymology

From macro- (“large scale”) + economics. The first published use of the term was by the Norwegian economist Ragnar Frisch (1895–1973) in 1933.

More for "macroeconomics"

Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.