The Relationship between Microeconomics and Macroeconomics

Author Topic: The Relationship between Microeconomics and Macroeconomics  (Read 2036 times)

Offline Md. Alamgir Hossan

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The Relationship between Microeconomics and Macroeconomics
« on: March 25, 2017, 10:26:27 AM »
There is an obvious relationship between microeconomics and macroeconomics in that aggregate production and consumption levels are the result of choices made by individual households and firms, and some macroeconomic models explicitly make this connection.
Most of the economic topics covered on television and in newspapers are of the macroeconomic variety, but it’s important to remember that economics is about more than just trying to figure out when the economy is going to improve and what the Fed is doing with interest rates.