Microeconomics deals with the smaller components of the economy, particularly how markets and consumer behave. It is a branch of economics. Microeconomics analyzes the relationship between the individual consumers and their respective behaviors. This branch&hellip
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What is Macroeconomics?
Economics can be classified in to two groups, namely macroeconomics and microeconomics. Macroeconomics examines the performance, behavior, decision making and structure of an economy as a whole. Global, national and regional economics fall under the&hellip