Question

White what is micro economics discuss the nature and scope of microeconomics how does it differ from microeconomics

Answer 1

the part of economics concerned with single factors and the effects of individual decisions.

The difference between micro and macro economics is simple. Microeconomics is the study of economics at an individual, group or company level. Macroeconomics, on the other hand, is the study of a national economy as a whole. Microeconomics focuses on issues that affect individuals and companies.