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The difference between microeconomi and macroeconomic

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The difference between microeconomi and macroeconomic

Posted by Arjun Sagar 7 years, 7 months ago

CBSE > Class 11 > Economics

1 answers

Shivani Tiwari 7 years, 7 months ago

Micro-economic is the study of the behavior of individual economic unit such as price determination of a commodity, behavior of a consumer a producer or a firm. Macro economics is the study of the aggregate and averages relating to the whole economy, eg total employment, national income, general price level, etc.

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