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I'm not trained as an economist, but I understand microeconomics to be concerned with the behavior of individuals and macroeconomics to be concerned with the be
by dtunkelang 18y ago
I'm not trained as an economist, but I understand microeconomics to be concerned with the behavior of individuals and macroeconomics to be concerned with the behavior of the economy as a whole. The first 4 of the 10 principles are micro, but the later ones are certainly macro.