Question

An example which inlude both micro and macro economics

Answer 1

Microeconomics is the study of the behaviour of the individual units (like an individual firm or an individual consumer) of the economy.

According to these units, we may see these examples:

Firms:

Demand and Supply of commodities & determination of price by a firm

Study of costs of producing a good by a firm

Study of revenue of a firm

Determining producer's equilibrium (cost & revenue)

Consumers:

Utility of a consumer : satisfaction from consumption

Consumer's Equilibrium

Now, Macroeconomics studies the behaviour of aggregates of the economy as a whole, ie it deals with the problems faced by the economy as a whole, and not just by an individual unit.

Calculation of National Income : GDP, NNP, GNP, GDP PPP etc. Because it includes income of all the residents of a country, not just one individual.

Determination of equilibrium level of output and employment :

Aggregate Demand and Aggregate Supply analysis.

Inflation, deflation and controlling the situation

Employment and unemployment

Monetary Policy :

Money supply

Interest rates

Fiscal Policy

Government budget : expenditure and income.

Taxes and subsidies.

Balance of Payment situation.

Factors that affect u individually are studied in Microeconomics and factors that generally affect everyone in the economy are studied under Macroeconomics.

Answer 2

study revenue of firm is ur answer