Macroeconomics Definition

măkrō-ĕkə-nŏmĭks, -ēkə-
noun
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
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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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