die Gesamtwirtschaft
Translation
national economy, overall economy, macroeconomy
Examples
Die Gesamtwirtschaft des Landes wächst.
The country's national economy is growing.
Die Regierung analysiert die Gesamtwirtschaft.
The government is analyzing the national economy.
Grammar Patterns
the national economy of ((sth.gen)) the national economy of sth. The national economy of a country is complex.
Similar Words
Volkswirtschaft, Makroökonomie (macroeconomics)
Etymology
Composed of 'gesamt' (total, whole) and 'Wirtschaft' (economy). It literally means 'total economy' or 'overall economy'.
Memory Tips
This refers to the economy of an entire nation, the big picture. Think of it as the 'grand total' of all economic activity.