gesamtwirtschaftliche

Gesamtwirtschaftliche is an adjective used in the German-language economics literature to describe phenomena, analyses, or policies that concern the economy as a whole rather than individual markets or microeconomic units. It denotes a macroeconomic perspective and is commonly employed in phrases such as gesamtwirtschaftliche Analyse, gesamtwirtschaftliche Lage or gesamtwirtschaftliche Politik.

The term encompasses macroeconomic aggregates and indicators, including gross domestic product, price level, unemployment, interest rates, exchange rates, and the balance of payments. It also refers to the overall functioning and stability of an economy, as opposed to sector- or agent-specific analyses. Data and methods associated with the gesamtwirtschaftliche domain come from national accounting systems and macroeconomic modeling, such as macroeconomic models, econometric analyses, and input‑output analyses.

In practice, gesamtwirtschaftliche considerations are central to policy discussions and research on stabilization and growth. They focus on how policy measures—fiscal policy, monetary policy, and structural reforms—affect aggregate demand, inflation, unemployment, and external balance. The concept emphasizes interdependencies among households, firms, financial institutions, and the state, highlighting how actions in one part of the economy can have broad, economy-wide consequences. It is routinely contrasted with microeconomics and sectoral analyses to clarify the scope and aims of economic study and policy.