A quick synopsis of the 203 principles of economics micro will make you see why some of them are not so good for you. Some of the main ones are: supply and demand, competition, profit motive, consumer and group preferences, market equilibrium and efficiency. All of these have their own merits and demerits, but which is the most important is of course profit. It is because that is the one that can determine the level of living that a person or nation enjoys. So, to summarize these principles is economics micro is concerned with the distribution of profit in a society and economics macro is concerned with how a nation's economy will fare in relation to the rest of the economies of the world.
Microeconomics is concerned with the production of goods and the demand for those goods. This is usually seen as a very local issue and therefore it is not the same as economics macro. The production of goods in a society and the demand for those goods can be found by the individual. However, when the goods are produced the demand for the goods that are produced changes from a certain place to another. For example, if you want clothes you might go to the store but if you want a bigger shirt then you would have to go to the mall. The same is true when we talk about transportation. The demand for it will also change if the infrastructure around you has been improved.
Macroeconomics deals more with how the economy will perform as a whole. There are things like inflation, unemployment, economic crises and so on. The main idea behind macroeconomics is to look at the long term view and so to make predictions as to what will happen to the economy and how it will look like when the future comes around. Some people find macroeconomics boring and tedious, but as we have already seen that is not the case because it is also the science of the distribution of profit.
Micro economics and macro economics are different from one another because they both have their own set of facts and ideas and it depends on which one you choose which one is better for you. However, you should note that the fundamentals of macroeconomics is what we are going to discuss here. We do not really need to do much with microeconomics, especially with the theory side. In fact, even if you are interested in microeconomics you will find it easier to follow the basic theories in economics macroeconomics.
Economics is also concerned with the use of money and its distribution among different classes and sectors in a society. Since money is the only thing that makes the world go round, it is very important to understand this and how it works. Also, there are money management and distribution in the society and economics so forth so it is important to know what happens to it.
There is also economics that deals with the use of the environment as a whole and its environmental effects. How the human beings . . . . . . interact with it and the effect it has. Also, we will have to know about the effects of different policies like the kind of environment that we live in and the kind of things we use. Lastly, economics also deals with public policy and also the impact that it has on the welfare of a country.