give two examples of micro and macro economy
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Examples of microeconomics.
Demand. How demand for goods is influenced by income, preferences, prices and other factors such as expectations.
Supply. ...
Prices. ...
Elasticity. ...
Opportunity Cost. ...
Labor Economics. ...
Competition. ...
Competitive Advantages
Examples of macroeconomic .
Factors include economic outputs, unemployment rates, and inflation. These indicators of economic performance are closely monitored by governments, businesses and consumers alike.
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Microeconomics
- Manufacturing products.
- Fuel products.
Macroeconomics
- Unemployment
- Intrest rates
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