Microeconomics and Macroeconomics

Microeconomics and Macroeconomics (Differences and Interdependence)

Difference Between Microeconomics and Macroeconomics Microeconomics and Macroeconomics differ as follows: Nature of the Study of Economic Units Microeconomics studies the individual or small economic variables of the economy such as individual consumers’ savings, investment, and income. Whereas macroeconomics deals with wholes like national income, full employment and price level, etc. The objective of the …

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