Macroeconomics vs. Microeconomics Macroeconomics Basic Economic Concepts Macroeconomics vs. Microeconomics Questions What is Macroeconomics? What does macroeconomics deals with? Why does macroeconomics matter? What does microeconomics deal with? Question #85a03 What is macroeconomics? What is microeconomics? Basic Economic Concepts View all chapters Macroeconomics vs. Microeconomics Scarcity, choice, and opportunity costs Comparative advantage, absolute advantage, specialization, and trade Demand, supply, and market equilibrium Macroeconomic issues: business cycle, unemployment, inflation, growth Next