Economy, asked by maryamayoolax733, 1 year ago

The difference between micro-economics and macro economics

Answers

Answered by sami91
2
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 !
Answered by Naefiya24
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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