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Different between Microeconomics and macroeconomic |
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Answer» Micro economic is the branch of economic that study individual commodity for eg price of a commodity Macro is the branch that study of economy as a whole for eg unemployment 1)Microeconomics depends on macroeconomic ( 2) law of demand came into existence from the analysis of the behaviour of a group of people (3)price of a commodity is influenced by the general price level prevailing in the economic .Macroeconomics(1) macroeconomics depends on microeconomics (2)national income of a country is nothing but the sum total of income of individual units of the country (3) aggregate demand depends on demand of individual household of the economy .. Give me answer |
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