Distinguish between miroeconomics and macroeconomics With an example o

1.	Distinguish between miroeconomics and macroeconomics With an example of each.
Answer» <html><body><p></p>Solution :Micro Economics talks about the actions of an <a href="https://interviewquestions.tuteehub.com/tag/individual-1041871" style="font-weight:bold;" target="_blank" title="Click to know more about INDIVIDUAL">INDIVIDUAL</a> unit, i.e. an individual, firm, household, market, <a href="https://interviewquestions.tuteehub.com/tag/industry-1043031" style="font-weight:bold;" target="_blank" title="Click to know more about INDUSTRY">INDUSTRY</a>, etcfor example- consumer equilibirium.On the other hand, the Macro Economics <a href="https://interviewquestions.tuteehub.com/tag/studies-1230633" style="font-weight:bold;" target="_blank" title="Click to know more about STUDIES">STUDIES</a> the <a href="https://interviewquestions.tuteehub.com/tag/economy-21801" style="font-weight:bold;" target="_blank" title="Click to know more about ECONOMY">ECONOMY</a> as a <a href="https://interviewquestions.tuteehub.com/tag/whole-1455252" style="font-weight:bold;" target="_blank" title="Click to know more about WHOLE">WHOLE</a>, 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</body></html>

Distinguish between miroeconomics and macroeconomics With an example of each.