Macroeconomics studies an overall economy or market system, its behaviors, the factors that drive it, and how to improve its performance.
The difference between market demand and aggregate demand delineates the fundamental difference between microeconomics and macroeconomics. Microeconomics is concerned with the supply and demand of ...
Economics is split between analysis of how the overall economy works and how single markets function Physicists look at the big world of planets, stars, galaxies, and gravity. But they also study the ...
Microeconomics is one of the major focus areas within the academic field of economics. While the scope and methods of microeconomics can be complex, its overall focus is relatively straightforward.