16 Nov
2011

Macroeconomics Vs Microeconomics

Posted by : Dougie Morris

Macroeconomics is a field of economics that studies about the behavior of aggregate economies or economic systems as a whole. The concept looks at the economy as a whole such as national income, gross domestic product, gross national product, unemployment, and more. Microeconomics is a field of economics that studies about the behavior of individuals, households, and business firms in the allocation of resources. The concept looks at how the behavior influences the demand and supply of goods and services, thereby affecting the prices, which goes on to determine the demand and supply of goods and services. Here are some comprehensive links about macroeconomics and microeconomics.

Macroeconomics

Microeconomics

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