Micro vs Macro Economics

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AmicableMagic
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10 Questions

Which field of economics focuses on the economic behaviors of individuals, households, and companies?

Microeconomics

Which field of economics takes a wider view and looks at the economies on a much larger scale?

Macroeconomics

Which field of economics focuses on the behavior of consumers, supply and demand equation in individual markets, and hiring and wage-setting practices of individual companies?

Microeconomics

Which field of economics has a broader focus, such as the impact of fiscal policy, big picture causes of unemployment or inflation, and how government actions impact nationwide economic growth?

Macroeconomics

Which field of economics involves studying behavior in certain areas of the economy over a period of time?

Microeconomics

Which field of economics focuses on the impact of fiscal policy, big picture causes of unemployment or inflation, and how government actions impact nationwide economic growth?

Macroeconomics

Which field of economics looks at the behavior of consumers, the supply and demand equation in individual markets, and the hiring and wage-setting practices of individual companies?

Microeconomics

Which field of economics studies the economic behaviors of individuals, households, and companies?

Microeconomics

Which field of economics involves studying behavior in certain areas of the economy over a period of time?

Microeconomics

Which field of economics takes a wider view and looks at the economies on a much larger scale?

Macroeconomics

Test your knowledge on the difference between micro and macro economics with this quiz! Learn about the economic behaviors of individuals, households, and companies in microeconomics, while also exploring the larger scale view of regional, national, and global economies in macroeconomics. Challenge yourself to understand the distinctions between these two branches of economics.

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