Macroeconomic refers to large-scale economic matters rather than individual ones. Macroeconomic studies often ignore the nuances of personal finance.
Pro Tip 2/3
Government Perspective
Often used when discussing a country's economic policies and performance. Macroeconomic strategies are crucial for national growth.
Pro Tip 3/3
Academic Context
Commonly found in textbooks and discussions about economics in education. Your macroeconomic class will cover subjects like GDP and unemployment rates.