MACROECONOMICS

macroeconomics

(noun) the branch of economics that studies the overall working of a national economy

Source: WordNet® 3.1


Etymology

Noun

macroeconomics (uncountable)

The study of the entire economy in terms of the total amount of goods and services produced, total income earned, the level of employment of productive resources, and the general behavior of prices.

Antonym: microeconomics

Source: Wiktionary



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Word of the Day

11 January 2025

COWBERRY

(noun) low evergreen shrub of high north temperate regions of Europe and Asia and America bearing red edible berries


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Coffee Trivia

In 1884, Angelo Moriondo of Turin, Italy, demonstrated the first working example of an espresso machine.

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