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Microeconomics and macroeconomics are related because changes in the overall economy arise from the decisions of millions of individuals. Although they are related, the methods employed in each area differ to the extent they be studied in separate courses or discussions.
Which level does macroeconomics focus on?
Journal of Macroeconomics was created in 1979.
Macroeconomics refers to the national economy.
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I don't think you can use Macroeconomics in a sentence.
Macroeconomics
The word macroeconomics is a noun. It is the study of the entire economy.
Macroeconomics examines the consumer purchases of families and age groups.
Macroeconomics examines the consumer purchases of families and age groups.
difference in methodology for microeconomics and macroeconomics?
Microecnomics is the study of economics on a small scale and macroeconomics is on a large scale. They are related in that general trends in either macro or micro will sometimes affect the other, but other times they can have completely opposite trends. In the general view of the two, a trend in one will be reflected in another, although sometimes on different scales. Microeconomics is the foundation of macroeconomics analysis