explain the scope of micro and macro economics
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➢ Microeconomics studies individuals and business decisions, while macroeconomics analyzes the decisions made by countries and governments. ➢ Microeconomics focuses on supply and demand, and other forces that determine price levels, making it a bottom-up approach.
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Microeconomics studies individuals and business decisions, while macroeconomics analyzes the decisions made by countries and
➢ Microeconomics focuses on supply and demand, and other forces that determine price levels, making it a bottom-up approach.
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