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English dictionary · noun

macroeconomics

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.

Meaning and definitions

  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.

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Source: Wiktionary entry and revision history. Dictionary text is adapted from Wiktionary under CC BY-SA 4.0. Definitions are selected and reformatted; root links are curated by Word Radicals. Read about sources and limitations.