What does macroeconomics mean?

Definitions for macroeconomics
ˌmæk roʊˌɛk əˈnɒm ɪks, -ˌi kə-macro·eco·nomics

This dictionary definitions page includes all the possible meanings, example usage and translations of the word macroeconomics.

Princeton's WordNet

  1. macroeconomicsnoun

    the branch of economics that studies the overall working of a national economy

Wiktionary

  1. macroeconomicsnoun

    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.

Wikipedia

  1. Macroeconomics

    Macroeconomics is a branch of economics which deals with the performance, structure, behavior, and decision-making of an economy as a whole. For example, using interest rates, taxes, and government spending to regulate an economy's growth and stability. This includes regional, national, and global economies. According to a 2018 assessment by economists Emi Nakamura and Jón Steinsson, economic "evidence regarding the consequences of different macroeconomic policies is still highly imperfect and open to serious criticism."Macroeconomists study topics such as GDP (Gross Domestic Product), unemployment (including unemployment rates), national income, price indices, output, consumption, inflation, saving, investment, energy, international trade, and international finance. Macroeconomics and microeconomics are the two most general fields in economics. The United Nations Sustainable Development Goal 17 has a target to enhance global macroeconomic stability through policy coordination and coherence as part of the 2030 Agenda.

ChatGPT

  1. macroeconomics

    Macroeconomics is a branch of economics that studies the behavior and performance of an economy as a whole, instead of focusing on individual markets. It analyzes the structure, behavior, and decision-making process of an economy, examining factors such as gross domestic product (GDP), unemployment rates, national income, rate of growth, inflation, and price levels. Macroeconomics aims to understand economic phenomena that affect large groups of individuals and attempts to implement policies that are beneficial to the economy.

Wikidata

  1. Macroeconomics

    Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets. This includes national, regional, and global economies. With microeconomics, macroeconomics is one of the two most general fields in economics. Macroeconomists study aggregated indicators such as GDP, unemployment rates, and price indices to understand how the whole economy functions. Macroeconomists develop models that explain the relationship between such factors as national income, output, consumption, unemployment, inflation, savings, investment, international trade and international finance. In contrast, microeconomics is primarily focused on the actions of individual agents, such as firms and consumers, and how their behavior determines prices and quantities in specific markets. While macroeconomics is a broad field of study, there are two areas of research that are emblematic of the discipline: the attempt to understand the causes and consequences of short-run fluctuations in national income, and the attempt to understand the determinants of long-run economic growth. Macroeconomic models and their forecasts are used by both governments and large corporations to assist in the development and evaluation of economic policy and business strategy.

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Numerology

  1. Chaldean Numerology

    The numerical value of macroeconomics in Chaldean Numerology is: 1

  2. Pythagorean Numerology

    The numerical value of macroeconomics in Pythagorean Numerology is: 2

Examples of macroeconomics in a Sentence

  1. Olya Linde:

    The economic peaks and valleys that the global diamond market experienced over the last few years are steady, at least for the time being, but the industry cannot afford to get too comfortable, macroeconomics, along with other factors - financing, marketing challenges, undisclosed synthetic diamonds, environmental concerns, social awareness, and even country-specific preferences - stand in the way of an easy, straight path to sustained diamond industry growth over the long-term.

  2. Luis Secco:

    He was one of my best students, always very focused on macroeconomics and the study of crisis analysis, he has the technical qualities to succeed as minister.

  3. Charlie Dai:

    5G is coming faster than many companies have expected, this business performance is significant, especially considering the challenging global economics, macroeconomics and political environment, which further proves that Huawei is one of the leaders in [ the ] global 5G market.

Popularity rank by frequency of use

macroeconomics#10000#30512#100000

Translations for macroeconomics

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"macroeconomics." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/macroeconomics>.

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