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Microeconomics: The study of the individual parts of the economy, the household and the firm, how prices are determined and how prices determine the production, distribution and use of goods and services.
business.guardian.co.uk/glossary/page/0,,1052826,00.html Macroeconomics: Analysis of the overall economy using information such as unemployment, inflation, production and price levels.
pershing-cib.ibanking-services.com/mellon/invest_glosry_MMa.htm The two economic subject distinctions above cover, generally, the two major fields of economics studied by most business school students. Some universities, mine included will add a course on entrepreneurial studies as well. Hope that helps.
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