Microeconomics vs Macroeconomics Marcus Guz

Macroeconomics is the study of economic behavior and decisions in a nation’s whole economy

Microeconomics is the study of the economic behavior and decision-making in small units, such as households and firms

Microeconomics and Macroeconomics are basically the same but Macroeconomics has a mor bigger broad to the economy

Public Goods is a shared good or service for which it would be inefficient or impractical to make consumers pay individually and to exclude those who did not pay

Safety Net is a set of government programs that protect people who face unfavorable economic conditions

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