I believe the MACRO is to with the outside effects on the business that you have no real control over, such as the global economy, interest rates, etc. The MICRO is to do with internal effects, such as wages, profit margin, something that the business itself has some form of control over.
ten difference of micro economics macro economics
macro is a root for large, while micro is, of course, small
Macro economic is differ from micro economic because macro economic study as a whole economics but micro economic study only of an individual.
MACRO
In simple words micro macro economics can be explained as- " What holds good for micro economics may not hold good for macro economics' Eg: Savings.
micro economics and macro economics
same as of micro economics
Micro economics and macro economics
Who is first use a words of micro economics & macro economics
Ragner Frisch.
Macro-economics and micro-economics are these two divisions.
Micro & macro