macroeconomics

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Pronunciation

/ˌmæk.ɹoʊˌiː.kəˈnɒ.mɪks/

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/ˌmæk.ɹoʊˌiː.kəˈnɒ.mɪks/ · /ˌmæk.ɹoʊˌɛ.kəˈnɒ.mɪks/

Definition of macroeconomics

1 sense · 1 part of speech · etymology included

noun

(uncountable)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.

Definitions from Wiktionary, CC BY-SA.

From macro- (“large scale”) + economics. The first published use of the term was by the Norwegian economist Ragnar Frisch (1895–1973) in 1933.

200+ playable · top: MACROECONOMIC (23 pts)

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