# macroeconomic

/ˌmækɹoʊɛkəˈnɑmɪk/ (US) · /mˌækɹəɹˌiːkənˈɒmɪk/ (UK) · CEFR C1 · Adjective

Source: https://englishreference.com/word/macroeconomic
Updated: 2026-05-09

## Definition

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.

For teachers: 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.

## Examples

- The government is changing its macroeconomic policy to lower inflation.
- Macroeconomic stability is essential for attracting long-term foreign investment into the country's manufacturing sector.
- The central bank must balance macroeconomic indicators like unemployment and interest rates to ensure sustainable growth without overheating the economy.

## Usage notes

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

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