Microeconomics studies individuals and business decisions. Macroeconomics analyzes the ... pandemic-induced crash of spring 2020 for another example of the effect of macro factors on investment ...

In macroeconomics, the subject is typically a nation—how all markets interact to generate big phenomena that economists call aggregate variables. In the realm of microeconomics, the object of analysis ...

For example, Keynes referenced the so-called ... they never strictly separated microeconomics and macroeconomics. Austrian theories also have important implications for what are otherwise ...

Pete Rathburn is a copy editor and fact-checker with expertise in economics and personal finance and over twenty years of experience in the classroom. Microeconomics is a social science that ...