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 ?
It is for these (negative) consequences that we truly have consensus amongst macroeconomists.
5 If that were true, then Japan, with its own dedicated policy team of macroeconomists and its world-class kit bag of macroeconomic tools, would have prevented the prolonged stagnation that was as evident in 1998 as it still is today.
Why Is It Critical for Macroeconomists to Understand Health Issues?
The macroeconomist offers some advice, too, and which could apply to various interested parties when it comes to the future of Ethiopia's banking industry and what courses of action to take.
Second, regardless of whether modern macroeconomists attribute our current difficulties to causes that are "patently unrealistic" or simply confess ignorance, why do they have such a different view than we economic historians do?
Second, regardless of whether modern macroeconomists attribute our current difficulties to causes that are opatently unrealistico or simply confess ignorance, why do they have such a different view than we economic historians do?
As chief macroeconomist in this Administration, what big idea or vision is likely to influence the investment climate in the future?
Prior to this he was a G10 macroeconomist where he also acted as the country economist for Japan, Australia and Canada at various times.
Internationally recognized, young macroeconomist and INSEAD professor, Ilian Mihov, was slated to become the third Deputy PM in the Cabinet "Borisov" to assist with financial and economy matters.
Every outstanding American international macroeconomist who has been to MIT, among them Jeffrey Frankel, Paul Krugman, Maurice Obstfeld and Ken Rogoff, was a Rudi student.
A macroeconomist, his research has focused on monetary policy and macroeconomic history.
The socialists further oppose the appointment of internationally renowned macroeconomist, Ilian Mihov, as future Deputy PM, saying the move aims at diverting the attention from the failure of the GERB ex-EU Commissioner nominee, Rumania Jeleva.