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What is the difference between micro economics and macro economics ?


gitanjaliwalhekar 18th Dec, 2021
Answer (1)
Pranaya Walhekar 18th Dec, 2021

Hello Candidate ,

Microeconomics focuses on supply and demand, and other forces that determine price levels, making it a bottom-up approach.

Macroeconomics takes a top-down approach and looks at the economy as a whole, trying to determine its course and nature.

Hope this was helpful.

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