Difference between macro and microeconomics


Question 1: Define the difference between macro and microeconomics. Where does managerial economics fit?

Question 2: What is economics? What roles does it play in the study of business administration? What is its relationship to economic theory and the decision sciences?

Question 3: Discuss why one thinks economics is paramount (or not important) to those pursuing an MBA?

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Microeconomics: Difference between macro and microeconomics
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