difine microeconomic and its relevance to other discipline
Answers
Answered by
3
Answer:
Macroeconomics: Definition
Macroeconomics is a branch of economics that deals with how an economy functions on a large scale. It differs from microeconomics, which deals with how individual economic players, such as consumers and firms, make decisions.
Answered by
4
Macroeconomics is a branch of economics that studies how an overall economy—the market or other systems that operate on a large scale—behaves. Macroeconomics studies economy-wide phenomena such as inflation, price levels, rate of economic growth, national income, gross domestic product (GDP), and changes in unemployment.
Similar questions
Biology,
2 months ago
Social Sciences,
2 months ago
English,
2 months ago
CBSE BOARD XII,
5 months ago
Math,
5 months ago
Social Sciences,
11 months ago
Hindi,
11 months ago