þjóðhagslegu

þjóðhagslegu is an Icelandic term that translates to "macroeconomic" or "national economic" in English. It refers to the study of the economy as a whole, rather than individual markets or firms. This field of economics focuses on aggregate phenomena such as inflation, unemployment, economic growth, and national income.

Macroeconomics seeks to understand the determinants of these large-scale economic indicators and how government policies, such as fiscal and monetary policy, can influence them. Key concepts within þjóðhagslegu include Gross Domestic Product (GDP), which measures the total value of goods and services produced in a country, and the business cycle, which describes the fluctuations in economic activity over time.

Economists studying þjóðhagslegu analyze the relationships between different sectors of the economy and the impact of international trade and finance. Their work often informs government decision-making aimed at achieving macroeconomic stability, full employment, and sustainable economic growth. The term can be used as an adjective, for instance, in "þjóðhagsleg greining" which means "macroeconomic analysis."