Macroeconomics Definition

măkrō-ĕkə-nŏmĭks, -ēkə-
A branch of economics dealing with all the forces at work in an economy or with the interrelationship of large sectors, as in employment or income.
Webster's New World

Origin of Macroeconomics

  • macro- (large scale-) +"Ž economics. The first published use of the term was by the Norwegian economist Ragnar Frisch in 1933.

    From Wiktionary

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