| Microeconomics | Macroeconomics |
| 1. Microeconorpjcsis. the study and analysis of economics at an individual, group or company level. | 1. Macroeconomics is the study of national economy as a whole. |
| 2. Macroeconomic analysis uses the ‘Principc of Marginalism to analyze how individual units make decisions in an economy. | 2. Macroeconomic analysis has helped to develop principles for managing resources in such a way that leads to increase in national income, reduce unemployment, poverty, inflation and so on. |
| 3. Determining price and wages. equilibrium output level for firm. etc. are studied here. | 3. Macroccanomics studies determining national income, unemployment, poverty, etc. |
