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Are micro and macroeconomics interdependent on …

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Are micro and macroeconomics interdependent on each other? If yes... then how?

Posted by Aelina Taqvi 5 years, 3 months ago

CBSE > Class 12 > Economics

1 answers

Manjot Singh 5 years, 3 months ago

Microeconomics and macroeconomics are two major branches of economics. So, they both are interdependent. Firm wise, individual wise, sector wise, district wise study of any economic activity is microeconomics. Overall study of all those study is macro study. So, any change in firm or individual or sector or district strongly affect to the national or macro economy. It way the policy made for national or macroeconomics brings the change in those different sectors or micro studies. So, close and particular analysis is microanalysis where as overall analysis of all economic activity is macro analysis.

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