Answers

2014-06-13T11:04:16+08:00
microeconomics is the study of decisions that people and businesses make regarding the allocation of resources and prices of goods and services. This means also taking into account taxes and regulations created by governments. (individual)

macroeconomics 
is the field of economics that studies the behavior of the economy as a whole and not just on specific companies, but entire industries and economies.(in general)
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