Question

In: Economics

What are the distinguishing features between macroeconomics and microeconomics

What are the distinguishing features between macroeconomics and microeconomics

Solutions

Expert Solution

Macroeconomis is the study of the aggregates taking economy as a whole unit whereas micro economics is the study of the individuals

Macroeconomic deals with the study of the economy whereas micro deals with the study of individual unit, individual company etc

Macroeconomic issues are like inflation, unemployment, poverty where micro economics issues are prices.


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