In a broad sense, microeconomics and macroeconomics are subcategories of economics. Even though they are different from each other in several aspects, they are also dependent on each other. Nevertheless, there are more differences than similarities between the two, and these differences are highlighted...
Impact of Microeconomics on Macroeconomics:Economics is a branch of science that deals with the study of how the limited resources are utilized in production of goods which are to be distributed for consumption by consumers. Microeconomics and macroeconomics are the branches of economics....
Macroeconomics: In the general field of economics which one is the most accepted: microeconomics or macroeconomics? What is the difference between microeconomics and macroeconomics in the scope of importance? Which constitutes the most fundamental part of economic theory, microeconomics or...