Macro Economics deals with the economic problems in general terms and not from a particular point of view. For example, if you are making a budget, you will only consider Productions of all goods in the country. Investments by foreigner countries. etc etc. On the other hand Micro Economics concentrate on the topics (not generally) but with a specific product and specific trade. Now coming to your examples, Federal Environment Budget is Macro Economics, Similarly financial effect of global deforestation is Macro Economics, What country buy's the MP3 players is a subject of micro economics. Good Luck
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06-09-2009, 10:12 AM #1
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06-09-2009, 10:13 AM #2Peanutbuttercups
GuestDifference between macro/micro economics?
For these examples, which belongs to Macroeconomics, and which to Microeconomics.
Federal environmental budget
financial effects of global deforestation
what country buys the most mp3 players
Thanks in advance.
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