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, by surbhi s micro economics talks about the actions of an individual unit, i.e. an individual, firm, household, market, industry, etc. on the other hand, the macro economics studies the economy as a whole, i.e. it assesses not a single unit but the combination of all i.e. firms, households, nation,
comparison chart definition key differences video pros and cons interdependency conclusion comparison chart basis for comparison microeconomics macroeconomics meaning the branch of economics that studies the behavior of an individual consumer, firm, family is known as microeconomics. the branch of economics...
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