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    Adini Lestari
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    Microeconomics focuses on how individuals and companies make decisions and interact in markets, examining topics like consumer behavior, production theory, and different market structures. Macroeconomics looks at aggregate economic measures for a whole economy, including areas like economic growth, national income, inflation, unemployment, and how factors such as fiscal and monetary policy can impact an economy. The document provides an overview of some key concepts and models in both microeconomic and macroeconomic theory.

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    Microeconomics focuses on how individuals and companies make decisions and interact in markets, examining topics like consumer behavior, production theory, and different market structures. Macroeconomics looks at aggregate economic measures for a whole economy, including areas like economic growth, national income, inflation, unemployment, and how factors such as fiscal and monetary policy can impact an economy. The document provides an overview of some key concepts and models in both microeconomic and macroeconomic theory.

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    7 views3 pages

    Discussion III

    Uploaded by

    Adini Lestari
    Microeconomics focuses on how individuals and companies make decisions and interact in markets, examining topics like consumer behavior, production theory, and different market structures. Macroeconomics looks at aggregate economic measures for a whole economy, including areas like economic growth, national income, inflation, unemployment, and how factors such as fiscal and monetary policy can impact an economy. The document provides an overview of some key concepts and models in both microeconomic and macroeconomic theory.

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    DISCUSSION III

    INTRODUCTION OF ECONOMY
    “ECONOMIC THEORY (MICRO
    AND MACRO)”

    INTERNATIONAL PROGRAM OF ACCOUNTING


    (IPACC)
    MICRO AND MACRO
     Microeconomics focuses on individuals in the economy
     How households & companies make decisions and how they
    interact on the market.
     Macroeconomics covers the economy in the aggregate.
     Reviewingthe reality of the economy, including inflation,
    unemployment and economic growth.
    ECONOMIC THEORY
    Macro Micro
    School of Economics Consumer behavior
    Economic growth - Utility
    National income - Preperence
    Demand and SupplyAgregate - Demand
    - Goods market - elasticity
    - Money Market (IS-LM) Producer Behavior
    - Export - Import - Production Theory
    - Inflation - Production cost
    Public policy - Maximize Profit
    - Subsidies - Supply
    - Price Market Mechanism
    - Protection Market Structure

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