what is difference between micro economic and macro economics
Answers
Answer:
Microeconomics is applied to operational or internal issues, whereas environmental and external issues are the concern of macroeconomics. The basic tools of microeconomics are demand and supply. Conversely, aggregate demand and aggregate supply are the primary tools of macroeconomics.
Explanation:
micro economics
micro economics isa study of the behaviour of individual economics units such as individual consumers, individual firm's, individual prices, individual industries, particular commodities etc.
macro economics
macro economics is the study of economic system as a whole.it is the study of behaviours of large aggregates , such as national income, national output, aggregate demand and supply, total consumption, total investment, general price level etc.