Educational Cart

Micro Economics:  Micro refers to small, therefore this category deals with the economy at a small scale say, individual. It analysis individual choices and desire.It deals with market forces of demand and supply, production curve, consumer behavior to name few. In all, it gives a minuscule view of the economy. Macro Economics:  Macro refers to large, therefore this category deals with the economy as a whole. It analysis the impacts of choices on the economy as a whole.It deals with national income, consumption, inflation , unemployment, to name few. In all, t gives a aggregate view of the economy. International Economics: I n the era of globalization, there are no boundaries for trade. Countries indulge into trade among themselves.There are tariff rate and quotes imposed by the sovereign nation on international trade to protect the interest of the local traders. There are many other national and international policy implications that impact the economy of the particular nati