Answers

2015-11-12T23:01:26+08:00


MICRO ECONOMICS ---> it deals or examines the impact that economic choices have on resource allocation and the supply and demand of goods and services in the market economies.

While MACRO ECONOMICS ---> deals with how economists analyze the structure and function of large-scale economies as a whole, either regional or national or even global.

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Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole. Microeconomics is the branch of economy which is concerned with the behavior of individual entities such as market, firms and households.