macro economics
Yes, it is an economic issue and it is a macro economic indicator.
micro and macro economics
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.
the contribution of macroeconomics to microeconomics
macro- and microeconomics courses (the "big picture" versus individual companies/persons)
macro economics
Yes, it is an economic issue and it is a macro economic indicator.
micro and macro economics
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.
the contribution of macroeconomics to microeconomics
Micro refers to small-scale phenomena or individual components, while macro refers to large-scale phenomena or overall systems. In economics, for example, microeconomics focuses on individual markets and consumer behavior, while macroeconomics looks at overall economic trends and government policies.
for micro we are studying the economic systems in general but as for macro we are now `looking at the world 's economy as a whole
Micro: behavior of households and firms. Macro: economy wide issues such as unemployment, inflation, econ. growth/development.
micro economics is that branch of economics which study about individuals, households and firms whereas macro economics is a study of whole economy.
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Microeconomics focuses on individual economic agents such as households and firms, while macroeconomics looks at the economy as a whole. Microeconomics examines specific economic behaviors and decisions, while macroeconomics studies broader economic trends and policies. Both fields are essential for understanding the overall economy, as microeconomics helps explain how individual choices impact markets and prices, while macroeconomics provides insights into factors like inflation, unemployment, and economic growth on a national scale. Together, they offer a comprehensive view of how the economy functions and how policies can be implemented to improve overall economic well-being.