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RBA Glossary definition for macro economy

macro economy – The economy looked at as a whole or in terms of major components measured by aggregates such as gross domestic product, the balance of payments and related links, in the context of the national economy. This contrasts with microeconomics which focuses upon specific firms or industries.

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Other Matters | Reserve Bank of Australia Annual Report - 1991

30 Jun 1991 Annual Report
Proceedings of the June 1990 Conference on “The Australian Macro-Economy in the 1980s” were also published during the year.
https://www.rba.gov.au/publications/annual-reports/rba/1991/other-matters.html

The World Economy and its Implications for Australia

14 Apr 2004 Speech
Ian Macfarlane
Speech by Ian Macfarlane to the Inaugural Di Yerbury Economic and Financial Studies Lecture, Sydney
https://www.rba.gov.au/speeches/2004/sp-gov-140404.html

Presentations | Education

4 May 2023
Our presentations enable teachers to take students through a variety of Economics concepts or explore the latest conditions in the Australian economy.
https://www.rba.gov.au/education/teacher-materials/presentations/

The Rise in Household Liquidity

10 Nov 2021 RDP 2021-10
Gianni La Cava and Lydia Wang
This is true for Australia and for most advanced economies. We explore the determinants of liquidity across households and over time, using a range of household surveys for Australia.
https://www.rba.gov.au/publications/rdp/2021/2021-10.html
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News Sentiment and the Economy

18 Jun 2020 Bulletin – June 2020
Kim Nguyen and Gianni La Cava
The large and immediate effect of the COVID-19 pandemic on economic activity has increased the need for more real-time indicators of the economy.
https://www.rba.gov.au/publications/bulletin/2020/jun/news-sentiment-and-the-economy.html

Box A: Mortgage Interest Payments in Advanced Economies – One Channel of Monetary Policy

10 Feb 2023 SMP – February 2023
which changes in central policy rates affect longer term interest rates in the economy. ... and M-A Gosselin (2014), Analyzing and Forecasting the Canadian Economy through the LENS Model, Bank of Canada Technical Report No 102; Iversen J (2018), Ramses
https://www.rba.gov.au/publications/smp/2023/feb/box-a-mortgage-interest-payments-in-advanced-economies.html

Bibliography

1 Aug 1990 RDP 9004
Malcolm Edey and Mark Britten-Jones
Carmichael, J. (1990), “Inflation” in Grenville, S. (ed.) The Australian Macro-Economy in the 1980s, Reserve Bank of Australia, Sydney. ... ed.) The Australian Macro-Economy in the 1980s, Reserve Bank of Australia, Sydney.
https://www.rba.gov.au/publications/rdp/1990/9004/bibliography.html
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Research Workshop – 2011

16 Dec 2011 Research Workshop
The Reserve Bank of Australia 2011 research workshop, 'Monetary Policy in Open Economies'
https://www.rba.gov.au/publications/workshops/research/2011/

Introduction | Conference – 1994

11 Jul 1994 Conferences
Philip Lowe
All these factors suggest that a more open economy may deliver lower average rates of inflation. ... The final two papers discuss issues related to management of the macro-economy.
https://www.rba.gov.au/publications/confs/1994/intro-94.html

Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
Changing aggregate demand in the economy is an important channel for monetary policy. ... As a contractionary monetary policy shock lowers aggregate demand in the economy, it also lowers the potential future profits of a firm.
https://www.rba.gov.au/publications/rdp/2024/2024-01/full.html
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