macroeconomics

macroeconomics definition - business

macroeconomics

The study of the economy as a whole. Macroeconomics examines topics such as business cycles, inflation, unemployment, balance of trade, and government fiscal policy of taxation and spending. Compare microeconomics.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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