from The American Heritage® Dictionary of the English Language, 4th Edition
- n. The study of the overall aspects and workings of a national economy, such as income, output, and the interrelationship among diverse economic sectors.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. 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.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. the branch of economics that studies the overall working of a national economy
macro- (large scale-) + economics. The first published use of the term was by the Norwegian economist Ragnar Frisch in 1933. (Wiktionary)