Differentiate between macroeconomics and microeconomics, Business Economics

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Differentiate between macroeconomics and microeconomics

1. Differentiate between macroeconomics and microeconomics. What types of economic activities might be included in each category?

2. List the factors that should cause a demand curve to shift to the right.

3. List the factors that should cause a supply curve to shift to the left.

4. Describe how changes in household income affect demand and supply.

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Business Economics: Differentiate between macroeconomics and microeconomics

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Business Economics: Differentiate between macroeconomics and microeconomics

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