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N OM IC S
C RO EC O C S
MI ON OM I
AC RO EC
M
DIAGRAM
VENN A RGA R E
MIC
TTE
S
C .

AIE
R M
ECONO
Y , M LIED
RE APP
 MICROECONOMICS MACROECONOMICS

Individuals' Decisions Countries' Decisions

Focuses on Supply and Focuses on

Scarce
National, Regional, and
Demand Resources Global Scales

Focuses on Mainly Interaction

between
Maximize National
Buying and Selling Variables like Income
Goods production &
consumption
Element of Provide National
Macroeconomics Economic Growth