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hi ee a Re a, Micro and macro economics are two main brall dy of aggregates or of entire e, , K, individual economic problems whereas macro pemene : aes, system. These two approaches differ from each other in fol lowing, , Difference between Micro Economics and Mac, , , , 1. Unit of, Investigation, , It is concerned with an individual, economic unit like a consumer, a firm,, an industry or income of an individual., , , , is the stut, , , , ro Economics., , total employment, general price level ete., , , , 2. Objectives, , Micro economics has the main objective, to analyse the principles, problems and, for the achievement of the goal, of optimum allocation of resources. It, is also known as price ae, , , , Micro economics assumes other things, being equal, full employment, perfect, competition, absence of state intervention, etc. to explain any theory or law., , It has main instruments of demand and, supply., , , , Macro economics investigates the, principles, problems and policies related to, achievement of fyll employment. and, expansion with productive capacity. Jt is, also known as income or emp! i, , Macro economics assumes allocation of, tesources, distribution of income and, population growth rate as ¢ given?, , Its main instruments are, demand, aggregate, saving and investment,