relationship between macroeconomics and microeconomics?
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Meghna Thapar 5 years, 2 months ago
Microeconomics studies individuals and business decisions, while macroeconomics analyzes the decisions made by countries and governments. Microeconomics focuses on supply and demand, and other forces that determine price levels, making it a bottom-up approach. Microeconomics and macroeconomics are not separate subjects but are, rather, complementary perspectives on the overall subject of the economy. ... In a similar way, both microeconomics and macroeconomics study the same economy, but each has a different starting point, perspective, and focus.
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