Economy, asked by heersukhyani1234, 1 year ago

Difference between micro and macro economics

Answers

Answered by Anonymous
2

Explanation:

It deals with broad economic issues. Microeconomics stresses on individual economic units. As against this, the focus of macroeconomics is on aggregate economic variables. Microeconomics is applied to operational or internal issues, whereas environmental and external issues are the concern of macroeconomics

Answered by Avni06
6

Answer:

Microeconomics studies individuals and business decisions, while macroeconomicsanalyzes the decisions made by countries and governments. Microeconomics focuses on supply and demand, and other forces that determine price levels, making it a bottom-up approach.

Explanation:

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