ENGLISH
REFERENCE

macroeconomic

adj.
C1 Advanced US //ˌmækɹoʊɛkəˈnɑmɪk// UK //mˌækɹəɹˌiːkənˈɒmɪk// macroe·co·nom·ic

adj. relating to the large parts of an economy, such as a whole country or the global market. It focuses on big things like total growth, prices, and jobs rather than individual people or companies.

adj. relating to the branch of economics that deals with large-scale or general economic factors. Typically describes variables such as gross domestic product, national income, and aggregate price levels.


SIMPLE

The government is changing its macroeconomic policy to lower inflation.

CONTEXTUAL

Macroeconomic stability is essential for attracting long-term foreign investment into the country's manufacturing sector.

COMPLEX

The central bank must balance macroeconomic indicators like unemployment and interest rates to ensure sustainable growth without overheating the economy.

Usage

Typically used attributively before a noun; often contrasted with 'microeconomic'.

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