Question

What do you mean by microeconomics and macroeconom?

Answer 1

The difference between micro and macro economics is simple. 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.

Answer 2

Answer:

Microeconomics refers to branch of economics that study individual units if economics.

Macroeconomic refers to that branch of economics that study entire units of economics.