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  • 15-01-2020
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explains the difference between micro and macro economics ​

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MalihaTareen
MalihaTareen MalihaTareen
  • 15-01-2020

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The main difference between microeconomics and macroeconomics is scale. Microeconomics studies the behavior of individual households and firms in making decisions on the allocation of limited resources. ... While macroeconomists study the economy as a whole, microeconomists are concerned with specific firms or industries.

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