The Circular Flow Of Income and product

Microeconomics VS. Macroeconomics
Economic analysis is divided into two main branches . microeconomics and macroeconomics:

Microeconomics is a branch of economic analysis that concentrated on the choices made by individual participants in the economy such as consumers , workers m business managers and investor.

Macroeconomics is a branch of economic analysis that concentrated with the functioning of an economy as a complete system rather than with the detailed processes which take place within it. Also , it considers the overall performance of the economy and the ways various sectors of the economy relate to one another . In macroeconomics , we gauge the performance of the economy by the total value of annual production , the capacity of the economy to provide jobs , the changes in the purchasing power of money , and the growth of employment and national output.

To Be continued ,,,,,