Distinguish between microeconomics and macroeconomic brainly a answer
Answers
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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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 .