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Microecnomics is the study of economics on a small scale and macroeconomics is on a large scale. They are related in that general trends in either macro or micro will sometimes affect the other, but other times they can have completely opposite trends. In the general view of the two, a trend in one will be reflected in another, although sometimes on different scales.

Microeconomics is the foundation of macroeconomics analysis

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14y ago

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