Economy, asked by Nelapatimonali, 6 months ago

distinguish between micro economics and macro economics​

Answers

Answered by Queen02121
2

Answer:

Microeconomics

Use economic models to learn how prices and markets benefit society in the face of scarcity, and then apply those models to analyze policy.

Whereas

Macroeconomics is a branch of economics that studies how an overall economy—the market 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.

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