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Is the relationship between the inflation rate and changes in the quantity of money macro or micro economics?
macro
Give the differences between micro and macro economics?
ten difference of micro economics macro economics
Scope of micro and macro economics?
theory of income and employment: theory of general price level and inflation theory of economics macro theory of distribution' theory of international trade
Macro economics and micro economics?
macro is a root for large, while micro is, of course, small
How does macro economics differ from micro economics?
Macro economic is differ from micro economic because macro economic study as a whole economics but micro economic study only of an individual.
Is the relationship between the inflation rate and changes in the quantity of money macro or micro economics?
macro
Give the differences between micro and macro economics?
ten difference of micro economics macro economics
Scope of micro and macro economics?
theory of income and employment: theory of general price level and inflation theory of economics macro theory of distribution' theory of international trade
Macro economics and micro economics?
macro is a root for large, while micro is, of course, small
How does macro economics differ from micro economics?
Macro economic is differ from micro economic because macro economic study as a whole economics but micro economic study only of an individual.
What do you mean by macro and micro environment of business and economy?
In simple words micro macro economics can be explained as- " What holds good for micro economics may not hold good for macro economics' Eg: Savings.
What are the basic division in economics?
micro economics and macro economics
What are the scopes of macro economics?
same as of micro economics
Give the 2 division of economics?
Micro economics and macro economics
Who is first use a word of Micro economics?
Who is first use a words of micro economics & macro economics
What is a difference between macro economics amd micro economics with respect to inflation?
Macro economics is the study of an economy and how it functions. Inflation in a macro sense reduces the value of money (and hence all debt and savings) and can cause a country to be less pricecompetitive if it's persistent. It also nullifies the market mechanism that allows people to know a good price off the top of their heads. Micro economics is the study of markets. Inflation isn't a micro concept, but with high inflation in certain markets firms can seek alternatives to the material causing the inflation causing dynamic efficiency (where a firm innovates and benefit the consumer). Inflation also reduces information in a micro economy. As said before people don't intuitively know a good price when an economy is in high inflation meaning that more expensive products can often break into the market.
Micro economics and macro economics were coined by?
Ragner Frisch.
