Enumerate the different characteristics of microeconomics and give each a brief explanation.
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What are the characteristics of Microeconomics?
It is study of subject matter from particular to general. Micro economics divides the economy into various small units and every unit is analysed in detail. It is a slicing method. Micro economic analysis involves product pricing, factor pricing and theory of welfare
What are the characteristics of macroeconomics?

Features of Macroeconomics
Study of Aggregates: Macroeconomics deals with the study of the economy as a whole. ...
Income Theory: ...
General Equilibrium Analysis: ...
Interdependence: ...
Lumping Method: ...
Growth Models: ...
General Price Level: ...
Policy-oriented:
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