Economy, asked by smartguy81, 1 year ago

What is microeconomics and macroeconomic ?

Answers

Answered by Shhii
4
Hey.!!
- Macroeconomics and microeconomics, and their wide array of underlying concepts, have been the subject of a great deal of writings. ... Microeconomics is generally the study of individuals and business decisions, while macroeconomics looks at higher up country and government decisions.
Answered by manny3
10
microeconomics is the branch of economics which studies economic problem related to individual economics unit like a consumer and producer.

example -- theory of consumer behaviour problem of resource allocation.

macroeconomics is the branch of economics which studies economic problem related to economic as a whole .

example --
problems related to unemployment in the economy .
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