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 ?
The World Bank continues its engagement with the authorities on the macroeconomic framework, which is also informed by the ongoing dialogue between the government and the IMF," said a spokesperson for the World Bank while responding to a question on Pakistan's macroeconomic vulnerabilities.
Sources in the finance ministry said that the positions of Pakistan and the IMF team would be presented to the executive board of the fund that will then approve a macroeconomic framework.
The IRO quoted Moody's as attributing its relatively favorable assessment of the country's macroeconomic profile to robust economic growth, comfortable external liquidity, and improved institutional strength.
The main objective of this study is to find the impact of macroeconomic instability on GDP in Pakistan.
Therefore, I conclude that the macroeconomic effects of legislative proposals should be included in budget estimates--that is, that dynamic scoring should be used--under the following conditions:
Meanwhile, the new policy document also highlights the important role of fiscal policy and fiscal convergence in facilitating macroeconomic convergence.
We now know more about the macroeconomics of aid and its effectiveness-the result of nearly three decades of research, and especially technical assistance, to build the capacity of macroeconomic policy in Africa and other recipient countries.
The background discussion is followed by a discussion of the author's macroeconomic contribution, and it is here where the historian of thought will become most interested.
The model of the impact of macroeconomic indicators on stock market index, which enables to present a complex estimation of causality and dependence of the relation between macroeconomic indicators and stock market index during the short and the long runs, has been created.
First, macroeconomic variables like foreign direct investment, corporate cash flow, exchange rates, and balance of payments were consistently significantly correlated with the dependent variable.
Over longer horizons, this may prove extremely hazardous to price and macroeconomic stability.
How has the macroeconomic management of the countries of the region changed?