microeconomics is a more important branch of economics as compared to macroeconomics do you agree with this statement give reason for your answer
Answers
Answered by
5
Answer:
No.
Microeconomics failed to study the aggregates of the economy as a whole. As a result, there was a need for a separate theory, which could explain the working of the economy. Macroeconomics helps to understand the working of an economic system as well as to explain the various macroeconomic paradoxes.
Explanation:
Hope it helps u
:)
Similar questions