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Transcript
Macroeconomics vs.
Microeconomics
Microeconomics focuses on how decisions are made by
individuals and firms and the consequences of those decisions.

Ex.:
How much it would cost for a university or college to
offer a new course? (including the cost of the instructor’s
salary, the classroom facilities, the class materials, and so on).
Having determined the cost, the school can then decide
whether to offer the course.