Distinguish between microeconomics and macroeconomics.

1.	Distinguish between microeconomics and macroeconomics.
Answer» SOLUTION :Microeconomics studies individuals and business DECISIONS, while macroeconomics analyzes the decisions made by countries and governments.Microeconomics focuses on supply and demand, and other forces that determine price LEVELS, making it a bottom-up approach.Macroeconomics takes a top-down approach and looks at the economy as a whole, trying to determine what the economy should look like.Investors can USE microeconomics in their investment decisions, while macroeconomics is an analytical tool MAINLY used to craft economic and fiscal policy.

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