"macroeconomic thinking" is a correct and usable term in written English.
It refers to an approach whereby a person considers economic processes and economics on an aggregate, or large-scale basis (e.g., looking at the entire economy rather than one individual or sector). For example, "John's macroeconomic thinking enabled him to better predict the trends of the stock market".
"In so doing, European governments are standing conventional macroeconomic thinking on its head.
The irony, of course, is that Keynesian economics, which had dominated macroeconomic thinking since the war, was already dying.
Economics John Maynard Keynes's 1919 warning The Economic Consequences of the Peace, the birth of modern macroeconomic thinking, written at Charleston.
That dismal scientists can tell us anything is in large part due to Thomas Sargent of New York University and Christopher Sims of Princeton University, who were awarded the Nobel prize for economics on October 10th.Their work supported a revolution in macroeconomic thinking in the 1970s and 1980s.
"The Chinese government is focused on a very outdated understanding of macroeconomic development, thinking that it will bring everyone up to the same level, but it's clearly not working," said Sean R. Roberts, a professor at George Washington University who studies development in the region.
Or take a shortcut by looking at what people who issue forecasts of macroeconomic performance are thinking.
"I'm thinking about how the macroeconomic climate impacts our effectiveness.
Long-term macroeconomic trends, however, are the last thing manufacturers were thinking about in recent weeks.
Summers criticized the macroeconomic orthodoxy that, in the past twenty years, has dominated thinking in universities and central banks, noting that when the crisis came it provided little guidance to policy makers.
Mr Blair says he would be radical on welfare too, but so far has failed to come up with any coherent plan for reform or even to show any sign that he is thinking about one.On balance, then, neither party looks set to wreck Britain's economy; the case for macroeconomic stability is being proclaimed by everyone.
And thinking, thinking, thinking".
