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D|fference between M|cro econom|cs and Macroeconom|cs

1he maln dlfferences beLween mlcro economlcs and macroeconomlcs are Lhe
followlng
M|cro econom|cs Macro econom|cs
ulfference ln Lhe
degree of aggregaLlon
lndlvldual unlLs of Lhe
economy llke a flrm
1he economy as a whole
ulfference ln ob[ecLlves concernlng Lhe opLlmum
allocaLlon of resources
lull employmenL of
resources and growLh of
resources
ulfference of sub[ecL
maLLer
ueLermlnaLlon of prlce
consumer's equlllbrlum
dlsLrlbuLlon
lull employmenL
naLlonal lncome general
prlcelevel
ulfferenL assumpLlons Analysls how producLlon
and facLors of producLlon
are allocaLed among
dlfferenL uses
Analysls how full
employmenL can be
achleved
ulfference of Lhe forces
of equlllbrlum
1he forces of lndlvldual
demand and supply or
markeL demand
Lqulllbrlum beLween Lhe
forces demand and
supply of whole
economy

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