macroeconomic
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macroeconomic
Concerning the national economy, that is, the entirety of the economic processes and relationships of a country.
Aus volkswirtschaftlicher Sicht ist ein hoher Exportüberschuss nicht immer vorteilhaft.
From a macroeconomic perspective, a high export surplus is not always advantageous.
The adjective is derived from the noun 'die Volkswirtschaft' (the national economy). This is made up of 'Volk' (people/nation) and 'Wirtschaft' (economy) and refers to the entire economy of a country. 'Volkswirtschaftlich' therefore means 'concerning the national economy.'
Die Regierung analysiert die volkswirtschaftliche Entwicklung.
The government is analyzing macroeconomic development.
'Volkswirtschaftlich' (macroeconomic) is a technical term from economics. It is mainly used in academic, political, or journalistic texts that deal with a country's economy.
Der Bau des neuen Flughafens hat einen großen volkswirtschaftlichen Nutzen.
The construction of the new airport has major macroeconomic benefits.
The word is often combined with terms that express evaluation or analysis. Common phrases are 'volkswirtschaftlicher Schaden' (macroeconomic damage), 'volkswirtschaftlicher Nutzen' (macroeconomic benefit), or the fixed phrase 'aus volkswirtschaftlicher Sicht' (from a macroeconomic perspective).
Die Flutkatastrophe verursachte einen immensen volkswirtschaftlichen Schaden.
The flood disaster caused immense macroeconomic damage.
economic / economical
Wirtschaftlich can generally describe anything related to the economy. Volkswirtschaftlich focuses more specifically on the entire economy of a country and the relationships within it. Volkswirtschaftlich is therefore more precise when referring to the economy as a whole.
Die Studie untersucht die volkswirtschaftlichen Folgen der neuen Steuer für das ganze Land.
The study examines the macroeconomic consequences of the new tax for the entire country.
Die Regierung möchte die wirtschaftliche Lage des Landes verbessern.
The government wants to improve the country's economic situation.
