Some of the most common differences between Microeconomics And Macroeconomic are :-
>> Microeconomics :- It deals with the Supply and demand of an Individual market, it could be a small or a big one. It also takes care of an individual customer behavior. Production and consumption are dependent on that particular market or area.
>>Macroeconomic :- Its a comparatively a big thing then Microeconomics, the mechanism is quite different but the ultimate goal is same. The term Macroeconomics deals with the study of the economy as a whole. It deals with the economical issues of a Nation, it covers consumption, unemployment, inflation, savings, investment, international trade, and international finance.
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Some of the most common differences between Microeconomics And Macroeconomic are :-
>> Microeconomics :- It deals with the Supply and demand of an Individual market, it could be a small or a big one. It also takes care of an individual customer behavior. Production and consumption are dependent on that particular market or area.
>>Macroeconomic :- Its a comparatively a big thing then Microeconomics, the mechanism is quite different but the ultimate goal is same. The term Macroeconomics deals with the study of the economy as a whole. It deals with the economical issues of a Nation, it covers consumption, unemployment, inflation, savings, investment, international trade, and international finance.