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  • Economics: Macroeconomics Microeconomics What Are The Differences?

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    shantae Allen
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    Microeconomics focuses on individual economic units like households and firms and their decisions, while macroeconomics analyzes the performance, structure, behavior, and decision-making of an economy as a whole, including national income, output and price levels, and includes factors like unemployment rates, GDP growth, inflation and interest rates.

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    econ

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    Economics Scb

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    Microeconomics focuses on individual economic units like households and firms and their decisions, while macroeconomics analyzes the performance, structure, behavior, and decision-making of an economy as a whole, including national income, output and price levels, and includes factors like unemployment rates, GDP growth, inflation and interest rates.

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    5 views6 pages

    Economics: Macroeconomics Microeconomics What Are The Differences?

    Uploaded by

    shantae Allen
    Microeconomics focuses on individual economic units like households and firms and their decisions, while macroeconomics analyzes the performance, structure, behavior, and decision-making of an economy as a whole, including national income, output and price levels, and includes factors like unemployment rates, GDP growth, inflation and interest rates.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 6

    economics

    Macroeconomics
    Microeconomics
    What are the differences?
    Microeconomic variable is that which includes the
    individuals and the firms from basic perspective.
    With macroeconomics one can say
    this includes every factors that
    impacts the economy it not only
    includes firms and individuals
    But also the economy itself.

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