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Microeconomics is the study of particular markets, and segments of the economy. It looks at issues such as consumer behavior, individual labor markets, and the theory of firms.
Micro economics is concerned with:
Supply and demand in individual markets
Individual consumer behavior. e.g. Consumer choice theory
Individual labor markets – e.g. demand for labor, wage determination
Externalities arising from production and consumption. e.g. Externalities
Macro economics is the study of the whole economy. It looks at ‘aggregate’ variables, such as aggregate demand, national output and inflation.
Macro economics is concerned with
Monetary / fiscal policy. e.g. what effect does interest rates have on the whole economy?
Reasons for inflation, and unemployment
Economic growth
International trade and globalization
Reasons for differences in living standards and economic growth between countries.
Government borrowing
Micro economics discuss the economy of small scale such as individual, group or company. However, the macro economics discuss the economics on whole at large scale, usually at government level.
At Micro level, we usually discuss about demand/supply, elasticity, on the other hand macro economics discuss about the GDP, inflation, unemployment, monetary policy, fiscal policy.
Here is one page that explain the summary
http://www.investopedia.com/ask/answers/110.asp
Microeconomics of the total components, and its ( micro) scope limited and for small company
sorry i haven,t more
Macroeconomic : is a collection of theories that address the economic system entirely, and try to interpret the reasons that lead to the change in the national output of goods and services, and research into the causes of the change in the unemployment and inflation rates and savings. microeconomics: cares about the individual behavior of the facility in the knowledge production that maximizes profits for facility size. And is also interested in consumer behavior to know how the distribution of spending among various commodities so that achieves maximum satisfaction of the limits of his income ( how the distribution of income between consumption and savings).
It's not my field , i'll let the answer for the specialests .......... Thank you for invitation
I am already covered by the experts' opinions already stated. Thank you for the invitation.
Macro economics deals with and focuses on issues such as GDP, Inflation, Repo Rates, Employment Rates in a country. Governments, depending on their economic goals in these areas will develop and implement policy to manage these issues.
Micro economics deals with such issues as demand and supply, prices and busines creation, entrepreneurship, and industrial development.
Macro economics ca be equated to strategy, whereas micro economics can be looked at as the execution of strategy Through business
As it is obvious from the words itself that, Macro=Big, Micro=Small.
Micro economics deals with the supply and demand of markets on individual basis, whereas macro economics deals with the supply and demand of the whole country.
Thanks for invitation;
Macro - Economics: is concerned with the economic factors and relationship on the governmental's or national scale.
Micro - Economics : Is concerned with the economic factors and relationship on the individuals or enterprises' / organizations' scale.
one is system and the other is a snap shot