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macroeconomics vs. microeconomics

macroeconomics

noun

(used with a singular verb)
  1. the branch of economics dealing with the broad and general aspects of an economy, as the relationship between the income and investments of a country as a whole.

microeconomics

noun

(used with a singular verb)
  1. the branch of economics dealing with particular aspects of an economy, as the price-cost relationship of a firm.