Question

Differentiate between Micro and Macro Economics. Explain the main areas included in the Micro Economics

Answer 1

Answer:

The difference between micro and macro economics is simple. Microeconomics is the study of economics at an individual, group or company level. Macroeconomics, on the other hand, is the study of a national economy as a whole. Microeconomics focuses on issues that affect individuals and companies.

Answer 2

Answer:

Macro elements are nitrogen (N), phosphorus (P), potassium (K). Meso elements are magnesium (Mg), calcium (Ca) and sulphur (S). Micro elements or trace elements are iron (Fe), manganese (Mn), zinc (Zn), boron (B), copper (Cu), molybdenum (Mo) and silicon (Si).

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