Question

difference between micro economic and macro economic in short points. ​

Answer 1

Answer:

Micro Econimcs--

1) micro means 'small'

2) it deals with the individual units of economy.

3) it deals with price determination of both consumers and factor makers.

4) depends on price demand and supply

Macro Economics--

1)Macro means 'large'

2)it deals with economy as a whole

3) it deals with income theory and employment theory

4)depends on aggregate demand and aggregate supply