Definition of macroeconomics according to authors

As the title already says, today I am going to provide you with a equipo of definitions of macroeconomics according to authors.

In such a way that you will be able to know the definition from different points of view and you will be able to formulate your own definition.

It should be noted that if you want to know the definition of economy first, then, I leave you the following backlink:

Definition of economy according to authors

Some of the definitions that I liked are the following:

Definition according to Michael Parkin

“Macroeconomics is the study of the performance of national economies and the global economy”

(Parkin, Michael, 2018, p. 2)

Definition according to Mochón Morcillo and Víctor Alberto Beker

“Macroeconomics studies the phenomena that affect the economy as a whole”

(Mochón, Morcillo, Francisco and Beker, 2008, p.2)

Definition according to Paul Krugman, Maurice Obstfeld and Marc Melitz

The branch that studies how general levels of employment, output, and growth are determined.
Like microeconomics, macroeconomics deals with the efficient use of scarce resources.
However, while microeconomics focuses on individual decisions, macroeconomics analyzes the behavior of the economy as a whole.

(Krugman, Paul, 2016, p.313)

Definition according to José María O’Kean

«Macroeconomics analyzes the behavior of the economy as a whole, generally the functioning of the economy of a country»

(O’Kean, José, María, 2013, p.7)

Definition according to Armando Pérez Pino

Macroeconomics is the part of economics that studies from different points of view the economic activities carried out at state levels.

(Perez, Pino, Armando, 2010, p.108)

Bibliography

We hope you liked our article Definition of macroeconomics according to authors
and everything related to earning money, getting a job, and the economy of our house.