The study of microeconomics focuses on individuals and businesses, while macroeconomics focuses on the decisions made by governments and countries. In macroeconomics, we examine the economy as a whole ...

Log-in to bookmark & organize content - it's free! Economist and author Steven Levitt talks about microeconomics, macroeconomics and accidental experiments. Economist and author Steven Levitt talks ...

Economics is split between analysis of how the overall economy works and how single markets function Physicists look at the big world of planets, stars, galaxies, and gravity. But they also study the ...

Microeconomics is the study of individual choices in markets. In microeconomics, we consider the role consumers and businesses play in the economy and how consumers and businesses make their economic ...

The difference between market demand and aggregate demand delineates the fundamental difference between microeconomics and macroeconomics. Microeconomics is concerned with the supply and demand of ...

Microeconomics is one of the major focus areas within the academic field of economics. While the scope and methods of microeconomics can be complex, its overall focus is relatively straightforward.