different between microeconomics vs macroeconomics

microeconomics

English

Etymology

micro- +? economics

Pronunciation

  • IPA(key): /?ma?k?????k??n?n?ks/, /?ma?k????i?k??n?n?ks/

Noun

microeconomics (uncountable)

  1. The field of economics that deals with small-scale economic activities such as those of an individual or company.

Translations

See also

  • macroeconomics

References

  • OED2

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macroeconomics

English

Etymology

From macro- (large scale) +? economics. The first published use of the term was by the Norwegian economist Ragnar Frisch (1895–1973) in 1933.

Pronunciation

  • IPA(key): /?mæk.?o??i?.k??n?.m?ks/, /?mæk.?o???.k??n?.m?ks/
  • Hyphenation: mac?ro?ec?o?nom?ics

Noun

macroeconomics (uncountable)

  1. The study of the entire economy in terms of the total amount of goods and services produced, total income earned, the level of employment of productive resources, and the general behavior of prices.
    Antonym: microeconomics

Translations

See also

  • econometrics, also coined (in current sense) by Frisch

References

macroeconomics From the web:

  • what macroeconomics study
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  • what macroeconomics do
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  • what macroeconomics does
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  • what macroeconomics mean in arabic
  • what macroeconomics stands for
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