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Meaning and Definitions of Micro Economics


Introduction 


It has become fashionable these days to approach economic theory via micro or macro analysis. In fact the two terms have become quite current in the economic jargon's and economic theory is divided today under two heads. They are;
  1. Microeconomics 
  2. Macroeconomics

Note: This is published for the internal use (of St. Philomena's College students) only and hence requires verification. 

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