Monday, July 23, 2012

Micro n Macro economic use/imp n Types



Use / Imp. of Micro Economics
 1. Price Determination
 2. Formulation of economic policies
 3. Optimum allocation resources
 4. Understand the condition of economies and welfare
 5. International trade

Use / Imp. of Macro Economics
 1. Study of the economy in totally
 2. Formulation of economic policies of the government
 3. Know the situation of the economy
 4. Develop and expand of the micro economics
 5. Know the material welfare of the nation

                                Types of  Macroeconomics


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