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.

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

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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.

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

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

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