Explain, Difference between microeconomics and macroeconomics
Difference between microeconomics and macroeconomics Micro and Macro economics The subject Matter of economics habeen studied under two broad branches:- 1.Microeconomics 2.Macroeconomics These two concept have become of general use in economics.Let us discuss these concepts in detail. Microeconomics:. Adam Smith is considered the founder of the field of microeconomics.The word ‘micro’ has been derived […]
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