Macroeconomics and microeconomics are two branches of economics that study different levels of economic activity. Microeconomics focuses on individual units such as consumers, businesses, and specific markets, analyzing how they make decisions about pricing, production, and resource allocation. In contrast, macroeconomics examines the overall economy, including national income, inflation, unemployment, and economic growth. While microeconomics looks at small-scale economic behavior, macroeconomics studies large-scale economic trends and policies that affect entire countries or global markets.
