Question

give two examples of microeconomic and macroEconomy studies?

Answer 1

Heya...

See here,,

Microeconomics is the study of economic problems at the small or individual level ..

Example -

√ Study of consumer behavior in law of demand

√ Study of cotton textile industry

Macroeconomic is the study of economic issues at the level of whole economy ..

Example -

√ Study of balance of payment

√ Study of national income ..

Thank you

Answer 2

HeYa MaTe Ji✌️✌️

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❇️ Microeconomics is the study of economics at an individual, group or company level.It focuses on supply and demand and other forces that determine the price levels seen in the economy.☺️☺️

Example ⏭️⏭️⏭️

#️⃣1️⃣ Microeconomics would look at how a specific company could maximize it's production and capacity so that it could lower prices and compete better un its industry.✔️✔️

❇️ Macroeconomics is the study of the behavior of economy as a whole, not just of specific company but entire industry and economy.☺️☺️

Example ⏭️⏭️⏭️

#️⃣2️⃣ Macroeconomics would look at how an increase/decrease in the net exports would affect nation's capital account or how GDP would be affected by the unemployment rate.✔️✔️

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