Macro Accounting

AAA

DEFINITION of 'Macro Accounting'

Accounting for the total or aggregate economic activities of a nation. Macro accounting forms the basis for the official statistics that summarize a nation's economic development and performance, and looks at the whole economic picture rather than focusing on individuals or single companies.

Also known as "national accounting.

INVESTOPEDIA EXPLAINS 'Macro Accounting'

Macro accounting deals with national statistics and economic indicators such as a nation's gross domestic product, external debt and so on. These figures are released on a periodic basis, usually monthly or quarterly by government bodies. They are closely watched by financial market participants to assess a nation's economic performance.

RELATED TERMS
  1. Micro Accounting

    Accounting at a personal, corporate or government level. Micro ...
  2. Macro Environment

    The conditions that exist in the economy as a whole, rather than ...
  3. Global Macro Strategy

    A hedge fund strategy that bases its holdings - such as long ...
  4. Macroeconomics

    The field of economics that studies the behavior of the aggregate ...
  5. Macro Risk

    A type of political risk in which political actions in a host ...
  6. Economic Indicator

    A piece of economic data, usually of macroeconomic scale, that ...
Related Articles
  1. Economic Indicators That Do-It-Yourself ...
    Investing Basics

    Economic Indicators That Do-It-Yourself ...

  2. Leading Economic Indicators Predict ...
    Active Trading

    Leading Economic Indicators Predict ...

  3. Explaining The World Through Macroeconomic ...
    Options & Futures

    Explaining The World Through Macroeconomic ...

  4. Cashing In On Macroeconomic Trends
    Economics

    Cashing In On Macroeconomic Trends

comments powered by Disqus
Hot Definitions
  1. Last In, First Out - LIFO

    An asset-management and valuation method that assumes that assets produced or acquired last are the ones that are used, sold ...
  2. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  3. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  4. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  5. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  6. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
Trading Center