Micro means small and macro means large. Accordingly microeconomics is the study of small parts of the economy whereas macroeconomics is the study of aggregated parts or whole of economy.
ten difference of micro economics macro economics
macro is a root for large, while micro is, of course, small
Macro economic is differ from micro economic because macro economic study as a whole economics but micro economic study only of an individual.
MACRO
micro economics and macro economics
ten difference of micro economics macro economics
macro is a root for large, while micro is, of course, small
Macro economic is differ from micro economic because macro economic study as a whole economics but micro economic study only of an individual.
MACRO
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.
micro economics and macro economics
same as of micro economics
Micro economics and macro economics
Who is first use a words of micro economics & macro economics
Ragner Frisch.
Macro-economics and micro-economics are these two divisions.
Micro & macro