English, asked by gornalgoyary, 1 year ago

state the difference between microeconomics and macroeconomics​

Answers

Answered by yashikaraj321
5

Answer:

Microeconomics is the study of economics at an individual, group or company level. Whereas Macroeconomics is the study of a national economy as a whole. Microeconomics focuses on issues that affect individuals and companies.

Explanation:

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Answered by ibrah08
2

Answer:

The main difference between microeconomics and macroeconomics is scale.

Explanation:

Microeconomics:

*effects on price of a goods

*Individual labour market.

*supply of goods.

Macroeconomics:

*whole economy (GDP)

*Inflation.

*Employment or unemployment

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