Microeconomics deals with economics on the level of individuals or businesses, while macroeconomics deals with economics on the level of states or countries.
Macro and Micro economics are the two branches of economics. The difference between the two lies in the fact that:
Macroeconomics studies countries, governments and economies. In this category of economics, the full economy is what is studied as a whole or in its entirety.
Microeconomics on the other hand is the branch of economics that is studied at an individual basis, group basis or business level. It studies specific markets.
In conclusion, macro economics is the study of the entire economy while micro is the study of a specific market.
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