the branch of economics that studies the overall working of a national economy
"During her lecture, Professor Lin explained macroeconomics by analyzing how changes in interest rates affect a country's total employment and inflation."
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.
"The professor explained that macroeconomics focuses on big-picture trends like national unemployment rates and inflation rather than individual market fluctuations."