Differences between micro and macroeconomcis . Saad Al-Shibani . Microeconomics . Microeconomics: is the study of decisions that people and businesses make regarding allocation of resources and prices of goods and services. Ex. Fish Market . Macroeconomics .
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Microeconomics: is the study of decisions that people and businesses make regarding allocation of resources and prices of goods and services. Ex. Fish Market
Macroeconomics on the other hand, is the study of the behavior of the economy as whole and not just specific companies; entire industries and economies. Ex. Unemployment
Some differences between microeconomics and macroeconomics.
Economic vise president: AminAlshibani
By bottom-top approach, it means that you go from a mini business, from a few projects, into the top, with governments, massive companies, etc. And top-down is the opposite approach, is when you go from massive projects and presentations, into a mini project/presentation.
And these are some differences between micro and macroeconomics, hope you enjoyed it and learned something from it.