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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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Job Loss, Subjective Expectations and Household Spending

18 Aug 2021 RDP 2021-08
Gabrielle Penrose and Gianni La Cava
Research Discussion Paper – RDP 2021-08 Job Loss, Subjective Expectations and Household Spending. Gabrielle Penrose and Gianni La Cava. August 2021. 2.05. MB. 1. Introduction. Job insecurity (or ‘job loss risk’) is a key uncertainty that
https://www.rba.gov.au/publications/rdp/2021/2021-08/full.html

Appendix A: Testing the Predictive Ability of Workers' Subjective Expectations

1 Aug 2021 RDP 2021-08
Gabrielle Penrose and Gianni La Cava
Most of the macro research has focused on surveys, typically of professional forecasters, and on how well they forecast aggregate variables like GDP growth and inflation. ... form expectations and what this means for the macro economy.
https://www.rba.gov.au/publications/rdp/2021/2021-08/appendix-a.html