Explain interdependence between micro and macro economics
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Interdependence of micro and macro economics. Microeconomics and macroeconomics are two major branches of economics. So, they both are interdependent. ... On the one hand, microeconomic theory provides building blocks for the aggregate theories
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Economics is a branch of science that deals with the study of how the limited resources are utilized in production of goods which are to be distributed for consumption by consumers. Micro economics and Macro economics are the branches of economics.
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There is no opposition between Micro and Macro Economics. Both are absolutely vital.
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