macroeconomics
Pronunciation
Noun
B2 Upper-intermediate
Quick answer
The branch of economics that studies large-scale factors such as national income, inflation, and unemployment.
Synonyms and antonyms
Antonyms
Usage notes
"Macroeconomics" looks at whole economies, while "microeconomics" studies individual consumers and firms.
Test yourself
Which word fits the gap? "The professor's _____ course focused heavily on how interest rates affect the whole economy."
Answer: macroeconomics
In your own words, what does "macroeconomics" mean?
The branch of economics that studies large-scale factors such as national income, inflation, and unemployment.
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