Between difference of micro and macro …

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Between difference of micro and macro economics

Posted by Manisha Rathor 3 years ago

Sia ? 3 years ago

Microeconomics	Macroeconomics
Microeconomics studies individual economic units	Macroeconomics studies a nation’s economy, as well as its various aggregates.
Microeconomics primarily deals with individual income, output, price of goods, etc.	Macroeconomics is the study of aggregates such as national output, income, as well as general price levels.
Microeconomics focuses on overcoming issues concerning the allocation of resources and price discrimination.	Macroeconomics focuses on upholding issues like employment and national household income.
Microeconomics accounts for factors like demand and supply of a particular commodity.	Macroeconomics account for the aggregated demand and supply of a nation’s economy.
Microeconomics offers a picture of the goods and services that are required for an efficient economy. It also shows the goods and services that might grow in demand in future.	Macroeconomics helps ensure optimum utilisation of the resources available to a country.
Microeconomics helps point how equilibrium can be achieved at a small scale.	Macroeconomics help determine the equilibrium levels of employment and income of the nation.
Microeconomics also focuses on issues arising due to price variation and income levels.	The primary component of macroeconomic problems is income.

ANSWER

Related Questions

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.

Posted by Shubham Pareek 1 year ago

Between difference of micro and macro economics

Posted by Manisha Rathor 3 years ago

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.

Posted by Chhaganji Borana 2 years, 6 months ago