Microeconomics refers to supply and an individual market. On the other hand, macroeconomics is the study of a national economy as a whole. The key differences between micro and macroeconomics are distinguished as follows. Microeconomics Macroeconomics Microeconomics studies the particular market segment of the economy Macroeconomics studies the whole economy, that covers several market segments…
Latest edit: RBI has decided to reduce statutory liquidity ratio, the portion of funds which banks are required to park in treasury bills and other instruments, by 0.25% every quarter beginning January. The calibrated reduction in statutory liquidity ratio (SLR) will continue till it reaches18%. The first reduction of 25 basis points taken effect in…
Economists worldwide have noticed a strong correlation between the inflationary trend and the growth of money in circulation in a point in time. Thus, a government that is in principle responsible for currency notes and coins issued by it, is answerable to its citizen and gets their value by dint of regulation or law. For…