Question

the most important six differences between microeconomics and macroeconomics​

Answer 1

Answer:

microeconomics is study of individual unit.

macroeconomic is study of national unit.

Answer 2

Six differences between microeconomics and macroeconomics​

Explanation:

MICROECONOMICS

• In microeconomics  we study the economics as individually, group, at company level.
• It focuses on the main issues which usually effect individual and company.
• It focuses on supply and demand of good.
• It have direct effect on price of goods.
• It studies the individual consumer behaviour like consumer choice theory.
• In this externalities arising from production consumption.

MACROECONOMICS

• In macroeconomics the whole economy is involved like GDP.
• In macroeconomics there is a rise in inflation i.e. general price level.
• It gives rise to unemployment.
• Leads to economic growth.
• The difference comes in living standards and economic growth between countries.
• In this instead of looking in price we look at overall price level.