The difference between micro-economics and macro economics
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Hey there !
The difference between micro and macro economics is simple.
Microeconomics isthe study of economics at an individual, group or company level.
Macroeconomics, on the other hand, is the study of a national economy as a whole.
Microeconomics focuses on issues that affect individuals and companies.
Hope it helps you !
The difference between micro and macro economics is simple.
Microeconomics isthe study of economics at an individual, group or company level.
Macroeconomics, on the other hand, is the study of a national economy as a whole.
Microeconomics focuses on issues that affect individuals and companies.
Hope it helps you !
Answered by
2
Microeconomics is the study of economics at an individual, group or company level. Macroeconomics, on the other hand, is the study of a national economy as a whole.
Microeconomics focuses on issues that affect individuals and companies. This could mean studying the supply and demand for a specific product, the production that an individual or business is capable of, or the effects of regulations on a business.
Macroeconomics focuses on issues that affect the economy as a whole. Some of the most common focuses of macroeconomics include unemployment rates, the gross domestic product of an economy, and the effects of exports and imports.
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