No products in the cart.

  1. Homework Help
  2. CBSE
  3. Class 12
  4. Economics

Diff bw micro and macro economic

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Install Now
Diff bw micro and macro economic

    • Posted by Pankaj Talwar 4 years, 2 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Yogita Ingle 4 years, 2 months ago

    Basis for Differentiation Microeconomics Macroeconomics
     

     

    Meaning

    		 Microeconomics studies the particular market segment of the economy Macroeconomics studies the whole economy, that covers several market segments
    Deals with? Microeconomics deals with various issues like demand, supply, factor pricing, product pricing, economic welfare, production, consumption, etc., Macroeconomics deals with various issues like national income, distribution, employment, general price level, money, etc.,
    Business Application Applied to internal issues Environment and external issues
    Scope Covers several issues like demand, supply, factor pricing, product pricing, economic welfare, production, consumption, etc. Covers several issues like distribution, national income, employment, money, general price level, etc.,
    Significance Useful in regulating the prices of a product alongside the prices of factors of production (labour, land, entrepreneur, capital, etc) within the economy Perpetuates firmness in the broad price level and solves the major issues of the economy like deflation, inflation, rising prices (reflation), unemployment and poverty as a whole
    Limitations It is based on impractical presuppositions, i.e. In microeconomics, it is presumed that there is full employment in the community which is not at all feasible It has been scrutinized that Misconception of Composition’ incorporates, which sometimes fails to prove accurate because it is feasible that what is true for aggregate (comprehensive) may not be true for individuals too

    2Thank You

    ANSWER
    http://mycbseguide.com/examin8/

    Related Questions

    Write two observation indicating the difference between domestic income and national income

    • Posted by Priyanka Tiwari 1 day, 19 hours ago

    CBSE > Class 12 > Economics
    • 0 answers
    Calculate net national product at factor cost

    • Posted by Rajesh Mahor 3 weeks, 4 days ago

    CBSE > Class 12 > Economics
    • 1 answers
    For a hypothetical economy, assume the government increased an infrastructural investment by Rs. 20,000 crore. 80% of additional income is consumed in the economy. Estimate the increase in income and the corresponding increase in consumption expenditure in the economy

    • Posted by Akshayashri Soundararajan 1 month ago

    CBSE > Class 12 > Economics
    • 1 answers
    Discuss the land settlement system introduced under British rule

    • Posted by Anmol Singh 1 week, 1 day ago

    CBSE > Class 12 > Economics
    • 1 answers
    How is the RBI controlling the commercial banks?

    • Posted by Alisha Rai 1 week, 4 days ago

    CBSE > Class 12 > Economics
    • 1 answers
    How to find nvafc

    • Posted by Anupama Debnath 6 hours ago

    CBSE > Class 12 > Economics
    • 0 answers
    What may happen if savings are encouraged in an economy

    • Posted by Jyotishmita Baishya 6 days, 21 hours ago

    CBSE > Class 12 > Economics
    • 1 answers
    This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

    Few rules to keep homework help section safe, clean and informative.
    • Don't post personal information, mobile numbers and other details.
    • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
    • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
    • Ask specific question which are clear and concise.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    Posted by Mohini Singh 2 weeks, 2 days ago

    CBSE > Class 12 > Economics
    • 0 answers
    Components of domestic territory

    • Posted by Sneha Jaiswal 1 month, 1 week ago

    CBSE > Class 12 > Economics
    • 1 answers
    What is negative externalities

    • Posted by Saurabh Prakash 2 weeks ago

    CBSE > Class 12 > Economics
    • 1 answers

    myCBSEguide App

    myCBSEguide

    Trusted by 1 Crore+ Students

    Install Now

    Test Generator

    Test Generator

    Create papers online. It's FREE.

    Try Now

    CUET Mock Tests

    CUET Mock Tests

    75,000+ questions to practice only on myCBSEguide app

    Install Now
    Google Play

    Download myCBSEguide App

    All Courses

    Other Websites

    CBSE Courses

    Resources

    Corporate

    NCERT Solutions

    CBSE Sample Papers

    All Content and Intellectual Property is under Copyright Protection | myCBSEguide.com ©2007-2024