Macroeconomics(redirected from Macroeconomic theory)
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Related to Macroeconomic theory: Microeconomic theory
Analysis of a country's economy as a whole.
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.