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Is the branch of economic study, which handles the analysis of the national economy in general; it deals with research in economic quantities, which take in the scope of the analysis of the national economy, for example: gross domestic product, or GDP, or national expenditure, or the economic cycle analysis. This study differs from microeconomics, which examines the behavior of a unit of the new economic units in the economic community, whether a consumer unit, or unit productivity on the basis that each unit of the behavior of these units, representing the vast majority of the behavior of the other units.
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Excellent answer given by Mr.:George Assi
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Overall economy mean the total turn over of local and internationally ,
OVER ALL GDP OF THE COUNTRY .......
Macroeconomics: definition, objectives and toolsDefinition of macroeconomic:Is a branch of economics studying the factors that affect the national economy as a whole, it examines the factors affecting consumers, workers and businesses at the level of the economy as a whole.And mainly deals with macroeconomic study two major:First, short-term fluctuations in output and employment and variables of the financial sector and the level of prices, and this section is called the business cycle business cycle.II: long-term trends long-run trends in production and living standards, and this part of the overall economy, known as economic growth economic growth. Macroeconomic objectives:Macroeconomic three goals a measure of success on the economic level, and those goals are:[1] to achieve a high level and fast growth in production.[2] The low level of unemployment.[3] the stability of the price level
Over all economy of a country means in macro terms like national income , GNP , GDP , FISCAL INDICATORS , MONERTARY INDICATOR
Ir is the micro and macro economic study of all factors of production and defined by various metrics and parameters. It cover all sectors of the economy whether it is Industrial, Agricultural and allied activities, small scale and cottage industries, fisheries,Animal husbandry ,Financial and service sectors,mining and geological which bring value to the nation and form part of the GDP and future outlook.
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The concept is based on the country economic analysis ,
it gives some indicators which quantify the overall economic health of the country.