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Definition of macroeconomy

macroeconomy

/ˌmæk.ɹoʊ.ɪˈkɑː.nə.mi/
mac · ro · e · con · o · my
Adverb:macroeconomically
•
Plural:macroeconomies
•
Adjective:macroeconomic
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macroeconomy Lexical Profile

macroeconomy Game Scores & Validity

• noun

1

A large-scale economic system, such as that of an entire nation, region, or the world as a whole, considered in terms of aggregate indicators like gross domestic product, inflation, and employment.

Example

"Central bank interest rate adjustments can take several months to ripple through the broader macroeconomy."

Synonyms
View all synonyms for macroeconomy
Antonyms
View all antonyms for macroeconomy

Word Nuance & Usage

Do not confuse 'macroeconomy' (the actual large-scale economic system itself) with 'macroeconomics' (the academic branch of economics that studies that system).

• Rhymes for macroeconomy

• Nearby Words

macro
macrobiotics
macroeconomic
macroeconomy
macronutrient
macrophotograph
macrourid

Word Origin & Etymology

Formed in the mid-20th century by combining the Greek-derived prefix 'macro-' (meaning 'large' or 'long') with 'economy', modeled after the term 'macroeconomics' coined by Norwegian economist Ragnar Frisch in 1933.

Usage Trend

Historical frequency of usage in published text.

180019102020
Data source: Google Books Ngram Viewer

Cite this Entry

Wordmom. (2026). Definition of Macroeconomy. In Wordmom Dictionary. Retrieved Nov 5, 2026, from https://wordmom.com/dictionary/macroeconomy
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