Macroeconomics vs Microeconomics: Everything You Need to Know
- empoweringeconomics
- Jul 10, 2020
- 1 min read
Welcome to our first guest-written blog post! We’re so excited to have you guys read Angie’s post about the differences between Macroeconomics and Microeconomics, as well as which of the two you should take.
At the end of the post we have a brief bio so you guys can get to know Angie a bit better.
You must be wondering as an economic student or for Advanced Placement examinations (AP exams) which should I take first: Micro or Macro Economics?
You should take Microeconomics because a lot of the concepts will walk you towards understanding Macroeconomics.
Both of them focus on scarce resources and how the demand for certain resources interacts with the ability to supply consumers, but…
The main difference between microeconomics and macroeconomics is scale. Micro looks at the individual market while, Macro involves the sum total of economic activity.
About our Guest, Angie:
“Hi Y'all! I Grew up watching Simpsons, Friends, you can name all the early shows from Nickelodeon, Cartoon Network, Disney, and PBS kids if you are from my generation too! Novels that I love all time are Harry Potter, Twilight, and The Hunger Games. Bands you will find me blasting on are Fall Out Boy, All Time Low, and 5SOS.
But, seriously, I'm a biologist who spends most of my time reading on research and writing for blogs.☺️”
Comentários