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noun

macroeconomics

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Macroeconomics (noun) means the study of a whole economy, looking at output, income, jobs and prices overall.

noun
1
The study of a whole economy, looking at output, income, jobs and prices overall.
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Etymology

Built from macro- ("large scale") and economics. The term was first published by the Norwegian economist Ragnar Frisch (1895–1973) in 1933.

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Frequently asked questions

What is the meaning of macroeconomics?
"macroeconomics" (noun) means the study of a whole economy, looking at output, income, jobs and prices overall.
What is the opposite of macroeconomics?
The opposite of "macroeconomics" is microeconomics.

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