What is the difference between Economics MICRO and MACRO?

What is the difference between macro and micro economics

  • Answer:

    Microeconomics is the study of decisions that people and businesses make regarding the allocation of resources and prices more?

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Microeconomics takes a bottoms-up approach to analyzing the economy while macroeconomics takes a top-down approach.

Microeconomics is the study of decisions that people and businesses make regarding the allocation of resources and prices more?

Microeconomics deals with a single firm and how individuals make decisions. Macroeconomics deals with the whole economic system.

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