Section 6
Differences Between Macroeconomics and Microeconomics
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By Boundless
Boundless Economics
Economics
by Boundless
3 concepts
Macroeconomics
Macroeconomics is the study of the performance, structure, behavior and decision-making of an economy as a whole.
Microeconomics
Microeconomics deals with the economic interactions of a specific person, a single entity or a company; it is the study of markets.
Key Differences
Microeconomics focuses on individual markets, while macroeconomics focuses on whole economies.