Macroeconomics

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Macroeconomics

Analysis of a country's economy as a whole.

Macroeconomics

The study of an economy in its largest sense. That is, macroeconomics studies gross domestic product, unemployment, inflation, and similar matters. It does not look at the function of individual companies and only tangentially studies individual industries. It is useful in helping determine the aggregate effect of certain policies on an economy as a whole. See also: Microeconomics.

macroeconomics

the branch of economics concerned with the study of aggregate economic activity. Macroeconomic analysis investigates how the economy as a whole ‘works’ and seeks to identify strategic determinants of the levels of national income and output, employment and prices. See CIRCULAR FLOW OF NATIONAL INCOME MODEL, EQUILIBRIUM LEVEL OF NATIONAL INCOME, INTERNAL-EXTERNAL BALANCE MODEL, MACROECONOMIC POLICY, MICROECONOMICS.
References in periodicals archive ?
Though Keynes' macro-economics was largely concerned with the conditions of prudent growth, he also foresaw a time when the 'economic problem' would be solved and 'we prefer to devote our further energies to non-economic purposes' (Keynes, 1930).
In first year micro and macro-economics, it makes more sense to provide students with a good understanding of basic mainstream concepts and analysis.
He discusses in an original and coherent way a number of subjects which nowadays are special fields: economic philosophy, history of economic thought, institutional economics, social economics, macro-economics and monetary economics.
Mainstream micro- and macro-economics, human capital and cultural theory, and various streams of Marxist thought all are found wanting.
The Sultanate moved one position forward at the macro-economics environment indicator namely the credit rating compared to the 2013-2014 report , as the Sultanate was ranked 33rd .
He wrote his dissertation on macro-economics under the supervision of Nobel laureate Robert Lucas.
Goldman in particular continues to emphasise that politics is currently a much bigger driver of market action than either micro- or macro-economics, and that, lacking any 'edge' as to what politicians might say at any given time, the firm generally feels that it needs to stay pretty close to home, from a risk perspective.
This growth has been achieved due to the stable macro-economics, healthy budget surplus, low public debt and high saving rates, which ushers a promising future for the Sultanate," it added.
Designed and created by brokers for brokers, the NYRS course covers real estate law, macro-economics, commercial real estate, ethics, negotiation, marketing, and technology.
He has just completed a three-week visit to Dukes University in North Carolina, USA to study macro-economics.
Colin Mowl, ONS director of macro-economics and labour for the ONS, said: "It certainly won't help address people's concerns about the fact that housing is not covered by the CPI, but it will improve people's understanding of the inflation indices.
Something odd was going on, something that had nothing to do with lofty macro-economics let alone the prospects of the companies whose shares went tumbling.