Question

what is the difference bw micro and macro economics??
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Answer 1

Answer:

Heya your answer goes like this

Micro Economics talks about the actions of an individual unit, i.e. an individual, firm, household, market, industry, etc.

Macro Economics studies the economy as a whole, i.e. it assesses not a single unit but the combination of all i.e. firms, households, nation, industries, market, etc.

Hope it helps! :)