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macroeconomic

macroeconomic

14 6.7
About the economy of a whole country, like growth, interest rates, and rising prices
  • adjective
  • /ˌmækroʊˌɛkəˈnɑːmɪk/
  • Specialized
translation icon : macroeconómico
  • The central bank's decision will have significant impacts on various macroeconomic indicators, including inflation and unemployment rates.
  • macroeconomic policy
  • macroeconomic contraction
  • macroeconomic model

For example, in the traditional macroeconomic worldview, hyperinflation is bad.

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Examples

  • So the entire macroeconomic, global economic system is sitting on a crumbling foundation of the energy system we use.

  • The effect of these social policy reforms and the macroeconomic policies on social equity in Chile has been mixed.

    Academic text (1999)
  • Well, if the real world were a macroeconomic model, they would be right.

    Academic text (1991)
  • We now have an economy that is thriving by all macroeconomic measures.

  • In recent years, there has been increased emphasis on developing macroeconomic models using a cashless approach.

    Academic text (2017)
  • Employers continue to respond to enduring macroeconomic uncertainty with caution.

  • The second is the impact of macroeconomic and developmental policies on policy outcomes, especially poverty and inequality.

    Academic text (1999)
  • But from a macroeconomic standpoint this also holds true, right?

  • Increased labour force participation, especially among women, attract foreign direct investors and strengthen Egypt's macroeconomic stability.

  • Or consider IMF conditionality, which has encouraged macroeconomic stability in other developing countries.

    Academic text (1999)

Compounds

A person who studies a country's overall economy, like inflation and jobs

How Broad

global
2.7
macroeconomic
  • Specialized
14 6.7
microeconomic
  • Specialized
1 6.0

Surface Forms

macroeconomic positive

Morphology

macroeconomic = economic (transparent) = macro + econom + ic

The base word 'economic' is transparently modified by the prefix 'macro-' to mean large-scale economic matters.

Etymology

Macroeconomic is made of macro- meaning 'large' and economic from economy meaning 'money and production'. So, it describes large, national economic things like interest rates and overall production.