The division of economics into micro and macro is one of the most important issues that you will face in your graduate study of economic sciences. This can be very intimidating because it is not as easy as just saying micro and macro and that's it. You have to be able to separate micro from macro because they are two different areas of research and in order for you to succeed in a graduate program, you must be able to differentiate between micro and macroeconomics.
It may seem easier to divide microeconomics into macro and micro, but it will make it much harder for you if you do this. You also have to be able to separate the macro from the micro since they are two totally different areas of study. When you think of microeconomics, what comes to mind is probably the way it deals with the business cycle and the theory of price, demand and supply. The theory of price, demand and supply explains why there is what you might call a balance in the economy.
Microeconomics on the other hand, is about what happens in the real world and how it affects the economy. In this area of study, the major concerns are unemployment and inflation. In addition, there are research and theory to look at other aspects of microeconomics, such as consumer decision making and behavioral economics. All these things have a direct effect on the economy.
In addition to being interested in microeconomics and macroeconomics, you will also have to know what type of economics is involved in the other area of the economic sciences. There are four broad areas and each one is associated with its own sub-discipline of economic study. In addition, they have their own terminology, which has evolved over time.
The first area of economics that you must understand is macroeconomics. In this area, the focus is on the overall size of the economy. It is concerned with how many people live in a nation and how the economy operates to provide for those needs. This includes what type of goods and services people need, where they can find them and how the prices of those goods and services are determined. The macroeconomy is what the world economy looks like.
The second area of economics that you should be familiar with is microeconomics. This is concerned with the behavior of the price level. This includes how people in the real economy behave in response to various economic events and how that change in price level impacts the general economy. There is also the theory behind this area of study that is very important to understand if you want to succeed in graduate school.