C1nounformalmoneyacademic
US/ˌmæk.roʊ.ek.əˈnɑː.mɪks/
UK/ˌmæk.rəʊ.iː.kəˈnɒm.ɪks/
the study of a whole economy, including inflation, unemployment and economic growth
In context
She is studying macroeconomics to understand why inflation rises.
Macroeconomics looks at national output, jobs and prices rather than single firms.
The lecturer used recent macroeconomics research to explain the recession.
Words that go with macroeconomics
verb + noun
- study macroeconomicsStudents study macroeconomics in their second year.
- teach macroeconomicsHe teaches macroeconomics at a business school.
noun + noun
- macroeconomics courseThe macroeconomics course covers inflation and growth.
- macroeconomics textbookOur macroeconomics textbook has a chapter on unemployment.
noun + preposition
- principles of macroeconomicsThe textbook explains the principles of macroeconomics clearly.
Common mistakes
Incorrect:
macroeconomics areCorrect: macroeconomics is