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It also means: “a single computer instruction that stands for a sequence of operations” and “large: on a large scale,” and “often used in compounds with a corresponding compound formed with micro-.” Definition and Meaning of ‘Micro’ The Merriam-Webster definition of ‘macro’ is: “being large, thick, or exceptionally prominent,” “of, involving, or intended for use with relatively large quantities or on a large scale,” “of or relating to macroeconomics,” “gross,” and “of or relating to a macro lens or close-up photography.” ‘Macroeconomics’ refers to the decisions of countries and governments.Īs you can see, ‘microeconomics’ studies the economy on a smaller scale, while ‘macroeconomics’ studies the economy on a larger scale. ‘Microeconomics’ refers to the study of individuals and business decisions. However, to clear that up, microeconomics and macroeconomics are two categories of economics. You might’ve heard the terms ‘microeconomics’ and ‘macroeconomics.’ Remembering the difference might seem complicated. ‘Macro’ means large, and ‘micro’ means small. So, you’ve learned that ‘macro’ and ‘micro’ are opposites and have opposite meanings. Examples of micro include microorganisms like bacteria and viruses, microchips, microcomputers, etc., whereas, Macro includes Macroorganisms like humans and animals, vehicles, etc.Final Thoughts on ‘Macro’ and ‘Micro’ Macro vs.Relation of micro with economics is Microeconomics is the study of individuals and business decisions, whereas, Macroeconomics is the study of the decisions of countries and governments.The former latter from which Micro derivation took place is Mikros, whereas macro derivation took place in Makros.Micro are generally so small that they cannot be seen with our naked eyes, whereas the Macro is generally bigger and can be seen with our naked eyes.Micro is a prefix typically used to make words for things that are very small in size, whereas, Macro is a prefix typically used to make words for things that are large.Macro-scale models are different than the standard models of the world that we use every day when we think about things like traffic flow, climatic changes, or global warming. If someone is dealing with a dust storm in Egypt, they’re going to have a very rough time if they don’t know that the storm could contain millions of macro-sized particles that will put them in danger of respiratory illness or death. Macro-scale models are especially effective at helping people visualize large numbers.įor example, also anything smaller than bacteria would qualify as macro-sized such as anything big enough to see without a microscope. For example, the microprocessor is a type of computer chip that has many smaller circuit boards inside. Sometimes, “micro” is used as a stand-alone word. For example, if someone talks about being “micro-scale,” they’re describing something very small, microorganisms like bacteria and viruses. “Micro” is typically used as a prefix with words that are smaller than ordinary.
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Macroorganisms like humans and animals, vehicles, etc. Example Microorganisms like bacteria and viruses, microchips, microcomputers, etc. Macroeconomics is the study of the decisions of countries and governments. Relation with Economics Microeconomics is the study of individuals and business decisions.
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They are generally bigger and can be seen with our naked eyes.
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Former latter derivation Mikros Makros Size They are generally so small that they cannot be seen with our naked eyes. Macro is a prefix typically used to make words for things that are large. Comparison Table Parameters of Comparison Micro Macro Definition Micro is a prefix typically used to make words for things that are very small in size. For example, a macroeconomist looks at things that are more in quantity, like the way people think of buying more than one thing for themselves at one time. Macro is used to mean something more intense or larger in amount.
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