Microeconomics versus macroeconomics


Assignment:

Microeconomics is "the study of the operations of the components of a national economy, such as individual firms, households, and consumers." (https://dictionary.reference.com/browse/microeconomics)

Macroeconomics is "the study of the overall aspects and workings of a national economy, such as income, output, and the interrelationship among diverse economic sectors." (https://dictionary.reference.com/browse/microeconomics)

QUESTION:

What is the difference between micro and macroeconomics and how does this relate to healthcare?

Your answer must be in 250 words, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format.

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Microeconomics: Microeconomics versus macroeconomics
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