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Difference between micro and macro

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Difference between micro and macro

    • Posted by Vibha Kashyap 9 months, 1 week ago

    CBSE > Class 11 > Economics
    • 2 answers

    Kalyan Sundaram 9 months ago

    Microeconomics is that part of economics theory that studies the behavior of individual units of an economy. Macroeconomics is that part of economics theory that studies the behavior of the aggregate of the economy as a whole. Tool: Micro is a tool for demand & supply. Macro is a tool for aggregate demand & aggregate supply. Example: micro, individual income, individual output. macro, National income, National output

    0Thank You

    Reena Sharma 9 months, 1 week ago

    Microeconomics is that part of economics theory which studies the behaviour of individual units of an economy. Macroeconomics is that part of economics theory which studies the behaviour of aggregate of the economy as a whole. Tool: Micro is tools for demand & supply. Macro is a tool for aggregate demand & aggregate supply. Example: micro, individual income, individual output. macro, National income, National output

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