|
Division
of Economics
|
Microeconomics
|
Macroeconomics
|
|
(1)
Production
|
Production
/ output in individual industries and businesses.
|
National
production / output total industry output. GDP growth of output
|
|
(2)
Prices
|
Prices
of individual goods and services.
|
Aggregate
price level consumer prices producer prices and rate of inflation
|
|
(3)
Incomes
|
Distribution
of income and wealth wages in the out industry, minimum wages, Executive salaries
poverty.
|
National
income total wages and salaries total cooperative profits.
|
|
(4) Employment
|
Employment
by individual business and industries. No of employee in a firm.
|
Employment
and unemployment in the economy. Total no of jobs unemployment rate
|
Sunday, June 11, 2017
Difference Between microeconomics and macroeconomics
Subscribe to:
Post Comments (Atom)
TYPES OF MICRO ECONOMICS
The analysis of microeconomics is always affected by time period. But there are still some economists who do not believe the time value...
-
In common practice, working of the multiplier is affected by a larger number of dynamic factors which work over time. ... -
Marginal productivity theory of wages Economists David Ricardo and west first of all propounded the concept of marginal prod...
No comments:
Post a Comment