Economy, asked by ppriyat10, 1 month ago

Difference between micro and macro economics?​

Answers

Answered by prish444
7

Explanation:

Macroeconomics: An Overview. Economics is divided into two categories: microeconomics and macroeconomics. Microeconomics is the study of individuals and business decisions, while macroeconomics looks at the decisions of countries and governments.

Microeconomics is the study of decisions made by people and businesses regarding the allocation of resources, and prices at which they trade goods and services. Microeconomics focuses on supply and demand and other forces that determine price levels in the economy. ...

Answered by neetukumari02398
3

Economics is divided into two categories: microeconomics and macroeconomics. Microeconomics is the study of individuals and business decisions, while macroeconomics looks at the decisions of countries and governments.

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