Macroeconomic Meaning
/ˌmækɹəʊˌiːkəˈnɒmɪk/Definition, CEFR level C1, pronunciation, examples, and quiz.
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Definition
adjRelating to macroeconomics.
adjRelating to the entire economy, including the growth rate, money and credit, exchange rates, the total amount of goods and services produced, total income earned, the level of employment of productive resources, and the general behavior of prices.
Sentence Examples
High unemployment remains the most serious macroeconomic problem.
What are Algeria's macroeconomic problems?
CEFR Practice Quiz
The central bank's decisions affect the nation's inflation and unemployment at the ____ level.
CEFR Practice Quiz (Alternate)
The economist provided a detailed analysis of the current ____ trends and their impact on global trade.
Word Origin & History
Etymology tree Proto-Indo-European *meh₂ḱ- Proto-Indo-European *-rós Proto-Indo-European *mh₂ḱrós Proto-Hellenic *makrós Ancient Greek μᾰκρός (măkrós)der. French macro-der. English macro- English economic English macroeconomic From macro- + economic.
Literary Quotations & Historical Citations
"On Monday, chipmaker Nvidia (NVDA) cut its sales outlook for the fourth quarter, citing “deteriorating macroeconomic conditions, particularly in China.” Last week, Intel’s (INTC) CEO also noted that “trade and macro concerns, especially in China, have intensified.”"
— 2019 January 28, Seth Fiegerman, “Apple earnings: How low can iPhone sales go?”, in CNN Business:
"But judges, law students, economists, human rights experts, and Mexico’s most important trading partners worry [the judicial reform] could lead to democratic backsliding – and macroeconomic turbulence – that the incoming President Claudia Sheinbaum will inherit when she takes office Oct. 1."
— 2024 August 29, Whitney Eulich, “Why Mexican judicial reform is causing a rift with the US”, in The Christian Science Monitor:
Explore More C1 Vocabulary Words
CEFR Practice Quiz
The central bank's decisions affect the nation's inflation and unemployment at the ____ level.
CEFR Practice Quiz (Alternate)
The economist provided a detailed analysis of the current ____ trends and their impact on global trade.