Question

components of microeconomics and macroeconomics

Answer 1

Microeconomics studies the particular market segment of the economy, whereas Macroeconomics studies the whole economy, that covers several market segments. Micro economics stresses on individual economic units. As against this, the focus of macro economics is on aggregate economic variables.No

Answer 2

Answer:

That ground can be divided into two parts: microeconomics focuses on the actions of individual agents within the economy, like households, workers, and businesses; macroeconomics looks at the economy as a whole. It focuses on broad issues such as growth, unemployment, inflation, and trade balance.