🇮🇹Italian Source WordCode: IT

macroeconomia

Pronunciation / Transliteration: macroeconomia

🇬🇧 Direct English Meaning:
Macroeconomics/ˌmæk.roʊˌiː.kəˈnɒm.ɪks/
nounCEFR C1 (Advanced)Top #4500 frequency
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🇮🇹 Example Sentence in Italian:

"I principi di macroeconomia sono essenziali per capire la crisi."

Comprehensive Definitions & Senses

1 sense
As noun
  1. 1

    The branch of economics that studies the behavior and performance of an economy as a whole, focusing on aggregate changes such as unemployment, growth rate, gross domestic product, and inflation.

    "Her university course in macroeconomics covered fiscal policy, inflation, and national income determination."

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Linguistic Origin & Historical Etymology

Derived from the Greek prefix 'makro-' meaning 'large' or 'long', combined with 'economics', which traces back to the Greek 'oikonomia' meaning 'household management'. The term emerged in the mid-20th century, particularly popularized following the publication of John Maynard Keynes's groundbreaking work on aggregate demand and national income in 1936.

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