The main relationship between microeconomics and macroeconomics are that they are both studies of economics and they both deal with economic factors. Microeconomics deals with economics on a small scale and is broken down into smaller, more individual areas. Macroeconomics deals with economics on a larger scale and focuses on economic factors overall.
difference in methodology for microeconomics and macroeconomics?
MICROECONOMICS- this deals with any individual segment of economy. MACROECONOMICS- this deals with the whole economy.
Microeconomics and macroeconomics are two major and are general fields of economics.
microeconomics im not sure why
Macroeconomics uses a microeconomic foundation to make it analysis. Microeconomic theory often uses econometric data taken from macroeconomics to come up with theories of economic relationships.
difference in methodology for microeconomics and macroeconomics?
Microeconomics means to study the individual economy while in macroeconomics we study the aggregate economy.
MICROECONOMICS- this deals with any individual segment of economy. MACROECONOMICS- this deals with the whole economy.
Microeconomics and macroeconomics are two major and are general fields of economics.
microeconomics im not sure why
Macroeconomics uses a microeconomic foundation to make it analysis. Microeconomic theory often uses econometric data taken from macroeconomics to come up with theories of economic relationships.
a family's decision about how much income to save microeconomics or macroeconomics?
macroeconomics and microeconomics
Macroeconomics and Microeconomics
Microeconomics has to do with small business management or the economics of individuals or small groups. Macroeconomics has to do with the economics of provinces, nations and the world as a whole.
microeconomics
full employment