There is discord among economists and students on drawing the thin line of difference between microeconomics and macroeconomics. Here we compare these two fields of study, trying to understand how ...

What Is the difference between microeconomics ... Learn More How Do I Differentiate Between Micro and Macro Economics? Which factors determine the elasticity of demand of a good?

The macro/micro split is institutionalized in economics ... Economic theory developed considerably between the appearance of Smith’s The Wealth of Nations and the Great Depression, but there was no ...