macroeconomic

Whole economy level

Macroeconomic describes matters relating to the economy as a whole rather than individual markets or firms.

Macroeconomic factors include inflation, unemployment, GDP, and interest rates: The central bank adjusted policy in response to macroeconomic indicators.

The adjective contrasts with microeconomic, which concerns individual actors and markets.

cycles

recession

Prolonged economic decline

recovery · contraction · downturn · upturn · peak · trough · overheating · stagnation · depression · volatility

policy

fiscal

Of public revenue

monetarism · taxation · stimulus · austerity · intervention · regulation · deregulation · stabilization · countercyclical · expansionary

indicators

GDP

National output abbreviation

employment

unemployment

Being without paid work

vacancies · hiring · layoffs · wages · earnings · compensation

global

globalization

Worldwide economic and cultural integration

exports · interdependence · IMF · cross-border

theory

equilibrium

State of balance

elasticity · multiplier

Opposites
scale of analysis

macroeconomicmicroeconomic

Individual-agent economic analysis

micro · company-specific · personal finance · individual · sectoral

scope of focus

macroeconomicmicroeconomic

Individual-agent economic analysis

granular · localized · particular · specific · narrow

Family

macroeconomics, macroeconomist

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Top 200,000
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