What is the difference between microeconomics and macroeconomics?

Macroeconomics and microeconomics, and their wide array of underlying concepts, have been the subject of a great deal of writings. The field of study is vast; so here is a brief summary of what each covers. read more

Microeconomics is the study of individuals and business decisions, while macroeconomics looks at higher up country and government decisions. Microeconomics is the study of individuals and business decisions, while macroeconomics looks at higher up country and government decisions. read more

Microeconomics is the study of particular markets, and segments of the economy. It looks at issues such as consumer behaviour, individual labour markets, and the theory of firms. Macro economics is the study of the whole economy. read more