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Introduction — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsIntroduction3 Marks
Question
Distinguish between microeconomics and macroeconomics. Give examples.
✓

Answer

Micro economics deals with behaviour of individual economic agents. Macro economic deals with aggregates of the economy.
Examples:-
Micro Eco: Consumer’s equilibrium, etc.
Macro Eco: National Income, etc.

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