Both microeconomics and macroeconomics are complementary to each other

1.	Both microeconomics and macroeconomics are complementary to each other. Give reason.
Answer» ‘Micro’ means extremely smail. So, microeconomics is the study and analysis of economics at an individual, group or company level. It studies the rational behaviour of individual units of an economy. On the other hand, macroeconomics is the study of a national economy as a whole. In this sense, macroeconomics studies issues which emerge from the economy of entire nation and its impact on the nation. Analysis about the national economy is not always possible without analyzing individuals or groups as units. On studying such units one can use the information as an input for analysis at macro level. While studying the two it happens that the behaviour of individual economic units impacts the macroeconomic parameters and the macroeconomic parameters impact the decisions of individual economic units. Thus, both microeconomics and macroeconomics are complementary to each other.

Both microeconomics and macroeconomics are complementary to each other. Give reason.