top of page
ECONOMIC LUSTRE
Macroeconomics vs. Microeconomics
Economics has two general levels: Macroeconomics (Macro) and Microeconomics (Micro).
​
Macro involves the phenomenal of Economics. It deals with things like GDP, inflation, and unemployment. Macro is about Economics' externals.
​
Microeconomics involves the socialness of Economics. It deals with institutions like firms and households. Micro is about Economics' internals.
bottom of page