Meaning of the word macroeconomics in English

What does macroeconomics mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

macroeconomics

US /ˌmæk.roʊ.e.kəˈnɑː.mɪks/
UK /ˌmæk.rəʊ.iːkəˈnɒm.ɪks/
"macroeconomics" picture

Noun

the part of economics concerned with large-scale or general economic factors, such as interest rates and national productivity.

Example:
Students in the course will study both microeconomics and macroeconomics.
Government policies often focus on macroeconomics to influence national growth.