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What is the difference between macro and micro economics?

Macro economics is the larger picture, how the economy works for the whole country or region. Micro economics examines how things work in a smaller level, examining one industry, business or group of invidividuals and how limited resources are allocated.

Anne H. A Level Economics tutor, A Level History tutor, GCSE History ...

2 years ago

Answered by Anne, an A Level Economics tutor with MyTutor


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Sonam S.

Degree: Economics (Bachelors) - Warwick University

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“About me: I am an Economics student at the University of Warwick. I have always enjoyed peer tutoring and have previously been part of a study-buddy mentoring scheme in high school, and decided to continue teaching at University. I lov...”

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Degree: PPE (Bachelors) - Oxford, Magdalen College University

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Degree: Economics and Geography (Bachelors) - Exeter University

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Anne H.

Degree: History (Bachelors) - Durham University

Subjects offered:Economics, History+ 2 more

Economics
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“Hi, my name is Anne and I'm a second year at Durham university specializing in economic history.”

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