Microeconomics and Macroeconomics: Concepts, Examples, Difference

The compilation of these Economics Notes makes students exam preparation simpler and organised.

Microeconomics and Macroeconomics

Why do we buy an item that goes on sale? How does the government decide how much oil to importing? Such vastly different questions, and yet answers for both are found in Economics. This is why economics has two streams- microeconomics and macroeconomics. Let us learn about both concepts in detail.