Give reasons "Macro-Economics is different from Micro-Economics".
Answers
Answered by
2
your answer is that....
hope it help you....
hope it help you....
Attachments:
Answered by
1
Answer:
As per the question
Macro-Economics is different from Micro-Economics
Macro-Economics :
* It deals with averages and aggregation of the entire economy such as national income aggregates output saving etc.
* Means large
* Study of agreements or economy or as a whole
* Income and employment determination
* Changes in all sectors
* Tools - aggregate demand and aggregate supply
Micro-Economics :
* It deals with decision making of single economic variables such as the demand variables such as the demand price, price, consumer, etc.
* Means small
* Study of individual or parts of an economy
* It is used in price determinations
* Ceteris Paribius
* Tools - Demand and supply
Similar questions