diffrence bw micro and macro
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Heya...
Microeconomics....
* It is the study of economic problems at micro level...
* It takes economy as individual unit like individual farm..
* Macro concepts remain constant while in micro...
Macroeconomic.....
* It is the study of economic problems at the level of whole economy....
* It takes the major economic solutions St huge level....
* Micro concept remains constant in this...
Microeconomics....
* It is the study of economic problems at micro level...
* It takes economy as individual unit like individual farm..
* Macro concepts remain constant while in micro...
Macroeconomic.....
* It is the study of economic problems at the level of whole economy....
* It takes the major economic solutions St huge level....
* Micro concept remains constant in this...
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1. Study of economical problem at micro level.
2. It takes study at individual level.
1. It study at the whole level of the economy.
2. It takes study at a huge level.
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