Your name University Class date Your name 1 Difference between Microeconomics and Macroeconomics

Micro and Macro economics Your name 2 Economics is a social science Economics has two branches Microeconomic is the study of individuals Microeconomics focuses on supply and demand Microeconomics maximize production to compete in the industry.

Examples of each Phenomenon Your name 3 Micro: increase or decrease in taxation, price changes Depression, inflation, unemployment

Microeconomic Examples Your name 4 Opportunity Cost may use to assign monetary values Must give up something else Sunk cost Role in the decision making process

Macroeconomic Example Your name 5 Government increases interest rate CEO reaction to this In order to save money, they will sell their financial assets There is going to be a fall in stock prices Payoff your debts