Microeconomics vs Macroeconomics - Meaning and Difference | व्यष्टि एवं समष्टि अर्थशास्त्र में अंतर

Learn Imperfect 2020-12-10

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Microeconomics vs Macroeconomics - Meaning and Difference | व्यष्टि एवं समष्टि अर्थशास्त्र में अंतर
Explain Micro and Macro Economics with example.
व्यष्टि और समष्टि अर्थशास्त्र क्या है ?उदाहरण के साथ l
Microeconomics is the study of particular markets, and segments of the economy. It looks at issues such as consumer behaviour, individual labour markets, and the theory of firms.
Macro economics is the study of the whole economy. It looks at ‘aggregate’ variables, such as aggregate demand,aggregate supply, national inome, output and inflation.
In this video lesson, we've explained the difference between micro and macro economics. Along with that, you will find a description of micro economics and its subject matter. Similarly, macro economics has been discussed.

The video concludes with a comparison chart which summarizes the differences between the two branches of economics.

Micro economics talks about small entities like individual customer seller firm etc.
whereas Macro economics talks about whole economy..

This video is helpful for all students of economics like class 11 class 12 BBA BCOM MBA

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