Economy, asked by Maksud6099, 10 months ago

Write the merits and demerits of micro economics and macro economics

Answers

Answered by anushka6912
0

Answer:

Micro economics is useful in making predictions based on conditions.eg demand forecasting depends on the micro economic principles of demand.

Micro economics uses simple models to understand actual economic phenomenon.

It explains and analysis how a country can gain from international trade.

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