Micro Economics:
Micro
means millionth part of a thing. In
micro economics, we study the small statement of an economy. In micro
economics, we calculate the income of an individual.
Macro Economics:
Macro
means large. It derives from a Greek
word “Macros”. In macroeconomics, we study the large aggregate of an economy.
In macroeconomics, we calculate the whole income of a country
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