What is micro and macro economics.

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Accepted Answer

Microeconomics deals with individual economic agents while macroeconomics deals with the economy as a whole.

Microeconomics focuses on the behavior of individuals and firms in making decisions regarding the allocation of limited resources.
Macroeconomics studies the overall performance of the economy, including issues such as inflation, unemployment, and economic growth.
Microeconomics examines the supply and demand of specific goods and services, while macroeconomics looks at the aggregate supply and demand of all goods and services.
Examples of microeconomic topics include market structures, consumer behavior, and production costs, while macroeconomic topics include fiscal and monetary policy, international trade, and economic indicators.

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