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Both micro and macro eco. Have …

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Both micro and macro eco. Have same degree of aggregation

Posted by Anchal Kumari 6 years, 10 months ago

CBSE > Class 12 > Economics

2 answers

Abhishek Thakur 6 years, 10 months ago

No Microeconomics is a study of an individual unit as a whole. There is a limited degree of aggregation for example -market supply of a good is sum of all individual supply of that good. It is aggregation of only one product supply. Whereas macroeconomics is a study of entire economy as a whole. For example Aggregate supply means supply of all types of goods and service and not only one particular good. So, that macroeconomics has high degree of aggregation then microeconomics.

Sarika Saini 6 years, 10 months ago

No

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