Why microeconomics and macroeconomics considered independent?

Answer 1

Microeconomics and macroeconomics are considered independent because they focus on different levels of economic analysis. Microeconomics examines individual agents, such as households and firms, and their interactions in specific markets, while macroeconomics looks at the economy as a whole, analyzing aggregate phenomena like national income, inflation, and unemployment. Despite their distinct focuses, the two fields are interconnected, as changes in macroeconomic conditions can influence microeconomic behavior and vice versa. However, their frameworks, methodologies, and scales of analysis allow them to be treated as separate disciplines.