Economy, asked by sahilcool5130, 10 months ago

Distinguish between microeconomics and macroeconomic brainly a answer

Answers

Answered by kaifsait7860
1

microeconomic

it deals with the study of economics at a individual, company or group level.

macroeconomics

it deals with the study of economics at national level or the Nation as a whole..

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Answered by Anonymous
2

Microeconomics :-

♥ Microeconomics is a part of economic theory which studies the behaviour of individual units of an economy .

♥ It's also known as ' Price theory ' .

♥ Demand and supply are the tools .

♥ It aims to determine the price of a commodity or the factors of production .

♥ E.g - Individual income and individual output .

Macroeconomics :-

♥ Macroeconomics is a part of economic theory which studies the behaviour of aggregates of the economy as a whole .

♥ It's also known as ' Income & Employment theory ' .

♥ Aggregate deman and aggregate supply are the tools .

♥ It aims to determine income and employment level of the economy .

♥ E.g - National income and national output .

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