discuss the feature of macro and microeconomics

Dear student,

Here are some of the features, and differences between microeconomics and macroeconomics
 
Microeconomics Macroeconomics
Microeconomics studies individuals behavior Macroeconomics study the economy as a whole
focuses on supply and demand focuses on aggregate demand and supply
it primarily deals with individual income, output, price of commodities, etc.  it primarily deals with national income, general price levels, etc.
It helps in how equilibrium can be achieved at a small scale  It helps in determining the equilibrium levels of income and employment

Regards.

  • 0
Please find this answer

  • 0
Find the answer.

  • 0
What are you looking for?