Short difference between micro and macro economics with points of distinction
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Micro:- It is that part of economic theory which deals with the behaviour of individual unit of an economy such as household, a firm etc. It is the analysis of the economy's constituent element-housholds, firms and industries.
Macro:- It is the branch of the economics that deals with the structure, economy, behaviour, decision making, or aggregate, economy instead of focusing on individual markets. Growth and shorter term business are it's main areas.
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