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What is the difference between microeconomics and macroeconomics?

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Question added by Mariam Eid , Marketing and Communications Manager , Executive Solutions
Date Posted: 2017/01/15
Mario Bautista
by Mario Bautista , Lecturer , Arellano University - Philippines

Just think of a forest and a tree. If you examine and study a tree, that is Microeconomics. But if you analyze the forest, that is Macroeconomics.

Isehaq Al-Busaidi
by Isehaq Al-Busaidi , Admin clerk and PRO , Shanfari Readymix and Crushers

Microeconomic mean small and its study only the customer or the producer in the country.

On the other hand, macroeconomic study the whole economic for example; employment and inflation in the country.

Amir Mahmoud Mohamed  Khalil
by Amir Mahmoud Mohamed Khalil , Senior Sales Supervisor , Mohamed Abdalla Sharbatly LTD

Microeconomics . Is the study of particular firm , particular house hold, wages,incomes . Individual intdustries and individual commodities... . Micro means very small or millions particular .. . The subject or example of microeconomics is about person , abut investor , aproducer . . As analyzes individually it provides a partial cocept or partial figure of a country . . Micro economics is concerned with the individual enteries . . Microeconomics : . Microeconomics deals not with individual quantities As such but with aggregates of these quantities no with the price level not with individual output but with national output .. Microeconomics : means large or whole . . The subject of macro economics is about national production , national income , income level . . As analyzes overall it provides full figure or complete reflection of a country . . Macroeconomics is concerned with the overall performance of the economy .. . . ..Thanks for all ...

Mohamad Nassr
by Mohamad Nassr , معلم , التربية والتعليم

The difference is that microeconomics study the economy for one customer or one producer while the macroeconomic study all the economy as group not individual one

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