macroeconomic

Language: en

🇺🇸 /ˌmækroʊɛkəˈnɑmɪk/

📖 Definitions

  1. adjective
    Relating to or concerned with macroeconomics, the branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole, including national, regional, and global economies.; Pertaining to large-scale economic factors such as inflation, gross domestic product, national income, interest rates, and aggregate supply and demand, as opposed to individual markets or firms.; Of or relating to the broad, overall conditions and trends affecting an entire economic system, often used in the context of policy analysis, forecasting, and international trade.

🔗 Details

Word forms

Collocations

macroeconomic policymacroeconomic stabilitymacroeconomic indicatorsmacroeconomic factorsmacroeconomic environmentmacroeconomic conditions

Derivatives

macroeconomicsmacroeconomicallymicroeconomic

Antonyms

microeconomic

Commonly confused

microeconomic
EN: 'Macroeconomic' refers to the economy as a whole (GDP, inflation, unemployment), while 'microeconomic' refers to individual agents, firms, and markets.

Spelling tips

EN: Do not confuse the prefix 'macro-' (large-scale) with 'micro-' (small-scale). Also note it is one word, not hyphenated.

💬 Examples

  1. The government implemented new macroeconomic policies to stimulate growth and reduce unemployment.

  2. Macroeconomic indicators suggest that the country is heading toward a recession.

  3. The central bank's macroeconomic forecast predicted moderate inflation for the coming year.