Economy, asked by PragyaTbia, 1 year ago

Distinguish between Micro-Economics and Macro-Economics

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Answered by mayakhan
24
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Answered by yattipankaj20
20

Answer:

As per the question

Difference between Micro- Economics and Macro-Economics

Micro- Economics :

* Means small

* Study of individual or parts of an economy

* It is used in price determinations

* Ceteris Paribius

*  Tools - Demand and supply

Macro-Economics :

* Means large

* Study of agreements or economy or as a whole

* Income and employment determination

* Changes in all sectors

* Tools - aggregate demand and aggregate supply

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