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Deliverable Length: 5–10 pages Details: As an economist, you have been asked to

ID: 1249491 • Letter: D

Question

Deliverable Length: 5–10 pages
Details: As an economist, you have been asked to address a meeting of a group of international professionals to explain the differences between microeconomics and macroeconomics and to provide real-world examples. Please create a PowerPoint presentation of 5–10 slides including, but not limited to the following:

the main differences between microeconomics and macroeconomics
an example of each phenomenon
a description of a microeconomic decision you made, and the factors that contributed to your decision
a description of a specific macroeconomic phenomenon or event and how it has impacted you



Explanation / Answer

The micro&macro economics are divided by the most famous economist's ragnerfrish. The micro economics is the part of the economics &it will be deals with the individual units such as a person,a household, a firm (or) an industry. In micro economics decision making by induvidal customers,workers, house holds& bussiness firms. macro economics deals with the aggregates&the economy has a whole. an aggregate is a collection of specific economic units treated as a one unit (total). The macro economics deals with the totsl output,total employment,totalincome, total expenditure etc. for instance we can take the forest the total forest is the macro economics & the specification of things is the micro economics.

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