different between microeconomics and macroeconomic
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Microeconomics studies individuals and business decisions, while macroeconomics analyzes 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.
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The basic difference between macroeconomics and microeconomics is that: ... macroeconomics is concerned with generalization while microeconomics is concerned with specialization. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets)....
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