Economy, asked by swabyrenald18, 5 months ago

what is the difference between microeconomics and macroeconomic? identify the two main problems economics attempts to deal with.

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Answered by Anonymous

Answer:

Microeconomics focuses on supply and demand, and other forces that determine price levels, making it a bottom-up approach. Macroeconomics takes a top-down approach and looks at the economy as a whole, trying to determine its course and nature.

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