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Define your understanding of the concept of economics and clearly distinguish between Microeconomics & macroeconomics, what is the significance of studying economics?
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Define your understanding of the concept of economics and clearly distinguish between Microeconomics & macroeconomics, what is the significance of studying economics?

User MitchellSalad
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Microeconomics studies individuals and business decisions, while macroeconomics analyzes the decisions made by countries and governments. ... Macroeconomics takes a top-down approach and looks at the economy as a whole, trying to determine its course and nature

User Yunxia
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