Microeconomics and Macroeconomics
Please write the essay in a discussion format, the questions are from a discussion post. Nothing formal like an essay but please make a 7-8 sentenced paragraph Questions are below this: What is the study of economics about? How is microeconomics different from macroeconomics? one paragraph for that one and one for this one There are two approaches to measuring a country’s macroeconomic activity, which are Gross Domestic Product, and National Income. What do each of these approaches measure. List at least one advantage and disadvantage of each approach.