SavingsSaving is the most important factor that determines the level of economic growth of a country.As the success of an individual depends on his or her level of saving, the living standard of anation depends on the level of national savings since it is a contributory factor of a number ofmicroeconomic indicators such as the …
Microeconomics and macroeconomics are considered as the most important division of the broad range of economic concepts. Economists use different methods to analyses economic issues. The standard of modern economies is discussed as positive economics and normative economics. In positive economics, different economic issues are described based on the existing situation based on the facts, …
09 Differences between Microeconomics and Macroeconomics Read More »
