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Business Definition for: macroeconomics

Dictionary of Finance and Investment Terms
macroeconomics

analysis of a nation's economy as a whole, using such aggregate data as price levels, unemployment, inflation, and industrial production.

See also microeconomics
Dictionary of Banking Terms
macroeconomics

analysis of a nation's economy as a whole, examining aggregate data, such as inflation, industrial production, price levels, and unemployment. Contrast with microeconomics, the analysis of business sectors and industry groups.

Dictionary of Business Terms
macroeconomics

study of the aggregate forces of a nation's economy as a whole, using such data as price levels, unemployment, inflation, and industrial production.

See also microeconomics
Related Terms:
microeconomics

study of the behavior of basic economic units such as companies, industries, or households. Research on the companies in the airline industry would be a microeconomic concern, for instance.

microeconomics

study of the behavior of basic economic units such as companies, industries, or households. Research on the companies in the airline industry would be a microeconomic concern, for instance.

Referring Terms:
Keynesian economics
microeconomics
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 Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
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