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Differences between microeconomics and macroeconomics

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Differences between microeconomics and macroeconomics

Posted by Jagraj Singh 6 years, 4 months ago

CBSE > Class 11 > Economics

1 answers

Yogita Ingle 6 years, 4 months ago

Microeconomics studies economic problems at an individual level. It determines the output and price for an individual firm.
Macroeconomics studies the economic problems at the level of an economy as a whole. It determines an aggregate output and general price level in the economy as a whole.

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