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What are differeces between micro eco. …

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What are differeces between micro eco. And macro eco.

    • Posted by Param Lal 5 years, 7 months ago

    CBSE > Class 12 > अर्थशास्त्र
    • 1 answers

    Yogita Ingle 5 years, 7 months ago

    MICROECONOMICS

    MACROECONOMICS
    The branch of economics that studies the behavior of the whole economy, (both national and international) is known as Macroeconomics. The branch of economics that studies the behavior of the whole economy, (both national and international) is known as Macroeconomics.
    Study of microeconomics assumes that macro variables remains constant Study of macroeconomics assumes that micro variable remains constant.
    Microeconomics Examines factors like Price of a particular product, Demand and Supply of goods and services, consumer behavior, producer behavior etc. Macroeconomics examines factors like National income and savings, Gross domestic product, Gross national product, Inflation, General price level, Aggregate Demand, etc.

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