What is the proper defination of micro or macro economics?
Microeconomics, the study of the economic behaviour of small economic groups such as firms and families, is one of the largest subfields in economics. These resources will help you ace your test, get a good mark on your microeconomics term paper, and help you understand how economic decisions are made. Wikipedia states that “Microeconomics is the study of the economic behaviour of individual consumers, firms, and industries and the distribution of total production and income among them. It considers individuals both as suppliers of labour and capital and as the ultimate consumers of the final product.” Macroeconomics, the study of broad economic activities and trends, is possibly the largest subfield in economics. These resources will help you ace your test, get a good mark on your macroeconomics term paper, and help you understand how the economy operates. “Macroeconomics considers the performance of the economy as a whole. Many macroeconomic issues appear in the press and on the even
