human
What is the difference between micro and macro economics?
assistant
The main difference between micro and macro economics is that microeconomics focuses on decisions and behaviors of individuals, such as households and firms, while macroeconomics focuses on the performance, structure, and behavior of an economy as a whole. Microeconomics looks at the supply, demand, and the underlying behavior and decisions of individuals, while macroeconomics looks at the performance of the economy in terms of inflation, employment, and economic growth.