microeconomics:-
1.it is derived from greek word "mikros" which means small.2. based on principles, problems and policies related to allocation of resources.
3.subject matter based on individual units of an economy.
4.laws and principles based on asumptions and propositions.
5.assumes full employment of all factors of production in an economy.
6.market epuilibrium in microeconomics determined by individual market demand and supply.
7.microeconomics with the binoculars or microeconomics is about the system of individual.
macroeconomics:-
1.derived from the greek word"mikros" which means large.
2.based on achievement of full employment of resources.
3.subject matter based on aggregate issues of the economy.
4.laws and principles far from assumption and propositions.
5.considers how the factors of production are allocated to achieve full employment.
6.market equilibrium in mcro economics determined by aggregate demand and supply.
7.macroeconomics without the binoculars or microeconomics is about the system as a ahole.
ten difference of micro economics macro economics
Price theory can be referred to as Micro economics and income as Macro.
macro
the difference between a macro and a micro issue is that a macro issue is something that is a big issue and a micro issue is a small issue like a big issue is something that you need alot and a micro issue is something that you don't need alot.
MACRO
ten difference of micro economics macro economics
Price theory can be referred to as Micro economics and income as Macro.
macro
what is diff b/w the classical economist and keynes economist
the difference between a macro and a micro issue is that a macro issue is something that is a big issue and a micro issue is a small issue like a big issue is something that you need alot and a micro issue is something that you don't need alot.
MACRO
Macro is big micro is little
Calling a macro loads the macro into memory, while executing the macro runs the macro.
micro economics and macro economics
macro is a root for large, while micro is, of course, small
Microeconomics is that branch of economics analysis which studies the economics actions and behavior of individual units such as individual customer individual firms etc ; on the other hand macroeconomics deals with the economics actions and behavior of not a single particular unit - but the whole concept combined together.
Macro economic is differ from micro economic because macro economic study as a whole economics but micro economic study only of an individual.