SO EASY?! Microeconomics vs Macroeconomics EXPLAINED!

So I want to take a moment to explain the difference between microeconomics and macroeconomics. Now before you start thinking, "man economics is hard", I promise this will not be nearly as painful as you might think! So, what's the difference between micro and macro? Well in microeconomics we're talking about how individual actions, how individual people and companies make decisions that then affect everyone else. In macroeconomics we oddly enough will ignore those individuals because it's a lot of people it's a big complicated planet. It's confusing. Let's just look at the big trends. When we ignore individuals we call that system dynamics. And so in macroeconomics economists try to explain economic activity on a larger scale as general rules typically driven by factors like population growth or government spending or interest rates or saving velocity. Macroeconomists try to look at things like inflation or recessions or unemployment as a whole and they typically rely on graphs and charts of statistics rather than looking at individual instances. Microeconomists are very focused on actual businesses and they look at small groups of people like families looking at particular products like milk, say, or computers trying to figure out if those products are being purchased or sold too expensively in certain situations.