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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