Microeconomics and macroeconomics are two distinct branches of economics. Microeconomics focuses on individuals and groups, including companies, while macroeconomics looks at the behavior of national ...

Microeconomics is a subset of economics that focuses on the actions of the individual participants in the economy, including individual consumers and businesses. Unlike macroeconomics, which focuses ...

Both microeconomics and macroeconomics involve examining economic behavior, but they differ in terms of the scale of the subjects being studied. Microeconomics is the field of economics that looks at ...

Microeconomics can be math-intensive. Fundamental microeconomic assumptions about scarcity, human choice, rationality, ordinal preferences, or exchange do not require advanced mathematical skills.

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...