Different between Micro and Macro Economics

ADVERTISEMENTS:

Micro Economics:

1. Micro Economics studies the problems of individual economic units such as a firm, an industry, a consumer etc.

2. Micro Economic studies the problems of price determination, resource allocation etc.

ADVERTISEMENTS:

3. While formulating economic theories, Micro Economics assumes that other things remain constant.

4. The main determinant of Micro Economics is price.

Macro Economics:

1. Macro Economics studies economic problems relating to an economy viz., National Income, Total Savings etc.

ADVERTISEMENTS:

2. Macro Economics studies the problems of economic growth, employment and income determination etc.

3. In Micro Economics economic variables are mutually inter-related independently.

4. In Micro Economics economic variables are mutually inter-related independently.

, , , ,

Web Analytics Made Easy -
StatCounter
Kata Mutiara Kata Kata Mutiara Kata Kata Lucu Kata Mutiara Makanan Sehat Resep Masakan Kata Motivasi obat perangsang wanita