Microeconomics vs Macroeconomics

[luxushauseragency]

Good explanations and well presented. 10 points!!

[oikonomiageeks]

The link between microeconomics and macroeconomics is aggregation. Macroeconomics uses microeconomic methods. Take the demand for one good (a micro perspective of consumers for one good) and the aggregated demand for a whole nation (a macro perspective of many markets for many goods). The single market demand (micro) is part of the national demand (macro). Like the video says you can only understand micro from macro and vice versa.

[CreativiTimothy]

Thanks, it helps me choose what to take first for school between AP Macroeconomics and AP Microeconomics!

[Heyim_eva]

Thank you so much! I recently had so much trouble with economics!!!

[mariemcallister]

Great video, straight forward and to the point, thank you !

[WhereisJesus]

I call this backwards learning. Understanding details before taking the time to figure out what the bigger point of life is.

[wonderboy]

well explained through simple language.

[everydayfun]

this was a great explanation between micro and macro economics!

[jimmyhaotran]

Having tons of Chinese friends, I could confirm this is definitely a Chinese native speaker.

[braddishv]

Having my B.S. and M.S. in Economics - I can say this. Macroeconomics is the realm of social "scientists" trying to justify their policy decisions; especially the higher in education level you get. If you are interested in why things actually happen or happened in markets - their origins and outcomes - and to think critically, look into micro. I can't tell you how many many graduate-level professors told us to throw away years of statistics, data collection, econometrics because some policy was for the "greater good". If the data set didn't fit what they wanted, "it's a bad set." They couldn't say why, or prove it... just "go with it".

[bisaf]

This really helped me a lot in my studies, thank you. I find her voice really relaxing and cute.

[twinkleruby]

A very good explanation and good speed of explanation. Usually, most explanation videos go really slow for me so I have to make the speed 1.25x or even more sometimes so this one was really good as the speed is just perfect.

[fasihahlatiff]

Hello, I am from Malaysian student. Thankyou for this video. I have to do a video in minutes. I choose your video as a example for create the video. xoxo.

[SingwithAvinash]

Why aren't you uploading more videos. I really like the way you explain the concept..!

[samuelpascal]

thank you. I graduated with economics, and I know the fundamentals. I just needed to reestablish my thinking lol

[Malika_Deci]

Micro: small
Economics= Consumer household firm industry

Macro: big
Economics: Unemployment, rate prices of goods, inflation, national income ( gdp )

[mpendulosimamkelekhambula]

Great staff🙌🙌🙌what so simple and clear explanation💪I THANK YOU SO MUCH IT'S HELPFUL

[paradextrous]

What would you define an "agent" as? I've heard this term in IT also and am confused.

[ntcuongct]

Dear friends,
I have a question:
1 / For countries with a competitive advantage, labor is cheap. Currently, labor costs increase and cost of living increases, how can the country continue to attract foreign investment (FDI) and maintain GDP growth from 10 to 15% per year?

[devils_cribb]

Thanks so much tomorrow is my economics exam wish me luck 🙏🙏