What is micro and macroeconomic

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Yogita Ingle 6 years, 10 months ago
(a) Microeconomics
Microeconomics is the study of economic behavior of individuals, households and firms’ in decision making and allocation of resources.
Micro economics is concerned with:
(b) Macroeconomics
Macroeconomics is the branch of economics that deals with the behavior and performance of an economy as a whole.
It is generally the study of central issues like
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