Associations to the word «Macroeconomics»

Wiktionary

MACROECONOMICS, noun. The study of 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.

Dictionary definition

MACROECONOMICS, noun. The branch of economics that studies the overall working of a national economy.

Wise words

Language is a process of free creation; its laws and principles are fixed, but the manner in which the principles of generation are used is free and infinitely varied. Even the interpretation and use of words involves a process of free creation.
Noam Chomsky