Question

what is macro economic and micro economic? ​

Answer 1

Answer:

Microeconomics studies individuals and business decisions, while macroeconomics analyzes the decisions made by countries and governments. Microeconomics focuses on supply and demand, and other forces that determine price levels, making it a bottom-up approach.

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Answer 2

Macro Economics :-

Macro economics is the study of problem of choice arising out in the whole economy.

Micro Economics :-

Micro economics deals with the behaviour of individual economic units,i.e. economic activities of a firm or an industry.

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