Micro and Macro economics
You are asked to address a professional meeting and explain
microeconomics, macroeconomics and their differences. Please answer the
following questions:
â?¢What are the main differences between microeconomics and
macroeconomics?
Provide an example of a microeconomic and macroeconomic
phenomenon.
â?¢Would you give an example of a microeconomic decision
youâ??ve made at work or home? What factors contributed to making that
decision?
â?¢Would you give an example of how a macroeconomic
phenomenon has impacted a personal or business decision of yours? In the end,
what was the result of your decision?
Write out the text of your speech
Reference
Perloff, J. M. (2007). Microeconomics (4th ed.). New York:
Pearson Addison Wesley.
Objective:
â?¢Explain the macroeconomic and microeconomic concepts and
how they relate to the management of a global organization.
â?¢Critically analyze and evaluate real-life economic
problems and opportunities by applying economic concepts, principles, and
theory.
