Economy, asked by aadityaraj2219, 8 months ago

State one point of difference between Microeconomics and Macroeconomics for 2 marks​

Answers

Answered by abiraj718
1

Answer:

The main difference between microeconomics and macroeconomics is scale. Microeconomics studies the behavior of individual households and firms in making decisions on the allocation of limited resources. ... Macroeconomics is the study of economies on the national, regional or global scale.

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Answered by Balagoundpatil7
0

Explanation:

Macroeconomics

Macroeconomics is the study of the performance, structure, behavior and decision-making of an economy as a whole.

Microeconomics

Microeconomics deals with the economic interactions of a specific person, a single entity or a company; it is the study of markets.

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