Micro and Macro

Economy occours with two topics.First one,it is a technical expertise who examines how people make decisions about 'how and why.' Second one,how to government ensure the growth ,how to combat with inflation,how to provide financing and how to hold the unemployment at a certain level, they all  working to understand with a more general approach.We need to know diffrences in Microeconomic and Macroeconomic to understand the Economy.
     
          Macro or Micro? Distinction between in these two approaches is the heart of the Economy.For solid economists these both are completely diffrenet working branch.So much so that,throughout their careers,the economist, who concentrates on only one of them,they will never think lag from anything.

          What is the diffrences? In ancient Greek, 'The microeconomic term comes from ''Micros'',which means ''small'',It examines how to decided houses and businesses and how to interaction wit markets.

          The macroeconomic term comes from ''Macros'', which means "big" and it examines how all economy goes. Although , the strong growth of the country a macro economist will be interested in mostly with issues such as low inflation or the reasons for increased inequality.

         What are the basics of separation? Towards the mid-20th century there was no seperation.A Economist was only an Economist.Those who focused on the large scale described themselves as monetaryist economists; and those who focused on small scale were defined as price theorists.In fact most Economists were thinking in small scale.John Maynard Keynes came out and changed all perceptions in this subject.At its core, he created macroeconomics, highlighting the role of the state, both at domestically and internationally.

          Microeconomics has become a huge work branch in itself.This branch,focuses on how to 'supply and demand interacts' in various situations.It analyzes to how people give reactions to taxes,arrangements,price and pleasue changes.However,it does not obtain results how it will affect all economy.The last one is interest of Macro Economist.Surely,these both associated with one but the separation point,The Micro focus on a single market that is independent of other markets,The Macro focus on all the markets.This means, Macro Economists,about an economy behavior,can give hypothesis in more general.Among these hypotheses, there are also controversial ideas like it will reach at supply and demand balance in the long run.

           In macroeconomic,there aren't many school but there are many branches for which microeconomists can concentrate.Which called as 'applied economics' has many branches: investigating changes in employment and labor market;public finance experts investigating government accounts;commodity,income group or business tax comparators;Agricultural experts or customs tax experts;salary experts, etc...

           Microeconomic,is based on more statistics than macroeconomic.Microeconomists examine how supply and demand will respond to certain changes with complex computer models.

^^Essence of idea

• Micro for Businesses
• Macro for Countries