Macroeconomics focuses on the outcomes of decisions by people and firms, whereas microeconomics is a study of how the major components of an economy interact.

Name: Macroeconomics focuses on the outcomes of decisions by people and firms, whereas microeconomics is a study of how the major components of an economy interact.
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Macroeconomics studies the overall economy and large-scale economic factors, while microeconomics focuses on individual and firm-level decision-making.

Macroeconomics Focuses on the Outcomes of Decisions by People and Firms