Distinguish between miroeconomics and macroeconomics With an example o

1.	Distinguish between miroeconomics and macroeconomics With an example of each.
Answer» Solution :Micro Economics talks about the actions of an INDIVIDUAL unit, i.e. an individual, firm, household, market, INDUSTRY, etcfor example- consumer equilibirium.On the other hand, the Macro Economics STUDIES the ECONOMY as a WHOLE, i.e. it assesses not a single unit but the combination of all i.e. firms, households, nation, industries, market, etc.for example- national income

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