The study of the behaviour of aggregate economic variables, such as total output (gross domestic product, GDP), total employment, the unemployment rate, inflation, and overall economic growth. Macroeconomics glosses over much of the rich detail within the markets for individual goods and services and instead focuses on the behaviour of the aggregate economy.
The study of aggregate economic variables such as national income, employment, interest rates, exchange rates, and prices. Often because of aggregation, index numbers are used to represent macroeconomic variables. Examples are the unemployment rate, the trade-weighted exchange rate, and the consumer price index.
the branch of economics that studies how economies' overall levels of employment, production and growth are determined (analyses the behaviour of the economy as a whole). Examination areas include: unemployment, savings, trade imbalances as well as money and price levels.
The study of the behaviour of the overall economy, including inflation, unemployment and industrial production. It focuses on the level of income or output of the economy, including the level of employment, aggregate investment, total consumption and the money supply.
Economic analysis concerning broad trends and influences on the economy, such as the interaction of fiscal and monetary policies, GDP, balance of payments etc. As opposed to Microeconomics which focuses on individual units such as companies and markets to assess their influence on the economy.
The branch of economics that deals with behavior and choices as they relate to 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. Until the 1930s most economic analysis concentrated on individual firms and industries. With the Great Depression, however, and the development of the concept of national income and product statistics, the field of macroeconomics began to expand. The policy goals of the discipline include economic growth, price stability, and full employment. Compare and contrast to microeconomics.
The branch of economics that deals with the economy as a whole. Macroeconomics focuses on determinants of total national income, deals with aggregates such as aggregates consumption and investment, and looks at the overall level of prices rather than individual prices. See also Microeconomics.
Macroeconomics is a major branch of economics that deals with the performance, structure, and behavior of the economy as a whole . Macroeconomists study and seek to understand the determinants of aggregate trends in the economy with particular focus on national income, unemployment, inflation, investment, and international trade. In contrast microeconomics is primarily focused on the determination of prices and the role of prices in allocating scarce resources .